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2 results for “BRL interest rate

Lula Attacks Fiscal Cap, Brands Market as 'Faria Lima Captor,' Fueling Fiscal Uncertainty
PoliticsAug 06

Lula Attacks Fiscal Cap, Brands Market as 'Faria Lima Captor,' Fueling Fiscal Uncertainty

President Lula's comments criticizing fiscal rules and the financial market sent mixed signals, heightening political risk despite a Selic rate cut.

Brazil’s Central Bank Launches US$1 Billion ‘Casadão’ to Ease Dollar Rate Premium
CurrenciesJul 27

Brazil’s Central Bank Launches US$1 Billion ‘Casadão’ to Ease Dollar Rate Premium

The Central Bank of Brazil intervened in the FX market with a joint spot and swap operation to address tightness in dollar interest rate derivatives.