Brazilian real holds gains as central bank cuts benchmark rate – ForexTV.com – Brazilian Real



The Rio Times
Brazilian real holds gains as central bank cuts benchmark rate
ForexTV.com
The Central Bank of Brazil lowered its benchmark interest rate, the so-called Selic rate, by 50 basis points to 7%, in line with FactSet consensus estimates. The central bank cited economic indicators showing the gradual recovery of the economy, along
Brazil’s basic interest rate falls to record-low 7 pctXinhua

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