Brazil interest rate

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Brazil interest rate closed down 10.5 as of June 19, 2024 from 10.5 from the previous day, 11.25 last week and 13.75 last month.

Brazil interest rate Analytics & Data




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Brazil interest rate Historical Data

DateClose
2024-06-19 10.5
2024-05-08 10.5
2024-04-30 10.75
2024-03-20 10.75
2024-02-29 11.25
2024-01-31 11.25
2023-12-13 11.75
2023-11-01 12.25
2023-09-20 12.75
2023-08-02 13.25
2023-08-02 13.25
2023-07-31 13.75
2023-06-21 13.75
2023-05-03 13.75
2023-03-22 13.75
2023-02-01 13.75
2022-12-07 13.75
2022-11-30 13.75
2022-10-26 13.75
2022-09-21 13.75
2022-08-03 13.75
2022-06-15 13.25
2022-05-04 12.75
2022-04-30 11.75
2022-03-16 11.75
2022-02-02 10.75
2021-12-08 9.25
2021-11-30 7.75
2021-10-27 7.75
2021-09-22 6.25
2021-08-04 5.25
2021-07-31 4.25
2021-06-16 4.25
2021-05-05 3.5
2021-04-30 2.75
2021-03-17 2.75
2021-02-28 2
2021-01-20 2
2020-12-09 2
2020-11-30 2
2020-10-28 2
2020-09-16 2
2020-08-05 2
2020-07-31 2.25
2020-06-17 2.25
2020-05-06 3
2020-04-30 3.75
2020-03-18 3.75
2020-02-05 4.25
2020-01-31 4.5
2019-12-11 4.5
2019-11-30 5
2019-10-30 5
2019-09-18 5.5
2019-08-31 6
2019-07-31 6
2019-06-19 6.5
2019-05-08 6.5
2019-04-30 6.5
2019-03-20 6.5

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Brazil interest rate Statistics

SecuritySymbolLastMomentumTrendOscillator1D%1W%1M%1Y%
Brazil interest ratebr.interestrate0000

Brazil interest rate Factors

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Brazil interest rate Historical Data

The MacroVar database offers free access to historical data for the Brazil 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 interest rate data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Brazil interest rate

The interest rate in Brazil refers to the percentage at which financial institutions lend money to individuals and businesses. The Central Bank of Brazil sets this rate as a way to control inflation and stimulate economic growth. When the interest rate is low, borrowing money becomes cheaper, leading to increased spending and investment in the economy. Conversely, when the interest rate is high, borrowing becomes more expensive, which can help to curb inflation and prevent an overheated economy. The interest rate in Brazil is a key tool used by policymakers to manage the country's economic stability and growth.

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