Brazil Interest Rate Decision

BRL
Actual
7.75%
Forecast
7.25%
Previous
6.25%
Latest Release
Oct 28, 2021
Importance
Overview
The Central Bank of Brazil's (BCB) Monetary Policy Committee publishes its decision on where to set the overnight interest rate. Traders watch interest rate changes closely as short term interest rates are the primary factor in currency valuation.

A reading that is stronger than forecast is generally supportive (bullish) for the BRL, while a weaker than forecast reading is generally negative (bearish) for the BRL.
Historical Data
Release Date
Time
Actual
Forecast
Previous
Oct 28, 2021 02:30 7.75% 7.25%
6.25%
Sep 23, 2021 02:30 6.25% 6.25%
5.25%
Aug 05, 2021 02:30 5.25% 5.25%
4.25%
Jun 17, 2021 02:30 4.25% 4.25%
3.50%
May 06, 2021 02:30 3.50% 3.50%
2.75%
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