PRO articleCurrencies

BRL Volatility Spikes Ahead of Expected Selic Cut to 14.00%

Currency traders eye the USD/BRL rate as the Central Bank is poised to make a 25 basis point cut to the benchmark Selic interest rate.

By Sofia Marin

Published
BRL Volatility Spikes Ahead of Expected Selic Cut to 14.00%
Illustration — BRZ.news

Currency traders eye the USD/BRL rate as the Central Bank is poised to make a 25 basis point cut to the benchmark Selic interest rate.

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