Tag: low interest rate

• Thursday, February 13th 2020 - 10:08 UTC

  Brazilian economic model is changing, “lower interest rates and a weaker Real”

  

  Brazilian Economy minister Paulo Guedes said that the economic model has changed and no long is made up of high interest rates and a strong Real. His comments follow concerns that the exchange rate of the Real against the US dollar has been increasing sustainedly for the last few days.