Brazil deposit interest rate

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Brazil deposit interest rate closed down 7.7 as of January 31, 2024 from 10.95 from the previous day, 9.48 last week and 11.95 last month.

Brazil deposit interest rate Analytics & Data





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Brazil deposit interest rate Historical Data

Date Close
2024-01-31 7.7
2023-12-31 10.95
2023-11-30 0.63
2023-10-31 2.3
2023-09-30 2.3
2023-08-31 9.48
2023-07-31 9.48
2023-06-30 10.03
2023-05-31 8.32
2023-04-30 9.49
2023-03-31 10.31
2023-02-28 9.49
2023-01-31 8.32
2022-12-31 10.31
2022-11-30 13.5
2022-10-31 9.05
2022-09-30 10.03
2022-08-31 5.5
2022-07-31 12.68
2022-06-30 12.42
2022-05-31 11.95
2022-04-30 5.86
2022-03-31 10.56
2022-02-28 7.4

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Brazil deposit interest rate Statistics

Security Symbol Last Momentum Trend Oscillator 1D% 1W% 1M% 1Y%
Brazil deposit interest rate br.depositrate 0 0 0 0

Brazil deposit interest rate Quantitative Analysis, Charts & Factors

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Brazil deposit interest rate Historical Data

The MacroVar database offers free access to historical data for the Brazil deposit interest rate, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Brazil deposit interest rate data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Brazil deposit interest rate

The Brazil deposit interest rate refers to the rate at which banks in Brazil pay their customers for depositing money into their accounts. This rate is set by the Central Bank of Brazil and plays a crucial role in determining the overall interest rates in the country. The deposit interest rate is important for individuals and businesses as it affects the returns they earn on their savings and investments. A higher deposit interest rate encourages saving and investment, while a lower rate may incentivize spending and borrowing. Overall, the Brazil deposit interest rate is a key tool used by the Central Bank to regulate the country's economy and encourage financial stability.

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