Brazil Interest Rate Decision

BRL
Actual
12.25%
Forecast
12.25%
Previous
12.75%
Latest Release
Nov 02, 2023
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
Nov 02, 2023 02:30 12.25% 12.25%
12.75%
Sep 21, 2023 03:00 12.75% 12.75%
13.25%
Aug 03, 2023 03:00 13.25% 13.50%
13.75%
Jun 22, 2023 03:00 13.75% 13.75%
13.75%
May 04, 2023 02:30 13.75% 13.75%
13.75%
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