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Montevideo, September 28th 2023 - 17:21 UTC



Brazil central bank keeps rate unchanged despite Lula's government complaints, “the highest in the world”

Thursday, March 23rd 2023 - 10:45 UTC
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The Brazilian Central kept interest rates unchanged for the fifth consecutive policy meeting on Wednesday, increasing concern and criticism from the government of president Lula da Silva. The bank's rate-setting committee, Copom, maintained its Selic benchmark interest rate at 13.75%. The decision, which defied intense pressure from the government of Lula da Silva, matched the expectations of analysts. Read full article


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