INTEREST RATES
In oposite direction to the US, Brazil raises interest rates
The rise in Brazil's interest rate (Selic) is the first in the country since August 2022
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Tag: central bank
US DOLLAR RISE
Dollar on the rise becomes a problem to inflation and may interfere in the economic growth
The US currency soar from BRL 4.85 to BRL 5.75 on Monday (5)
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DE-DOLLARIZATION
Economic challenges in the Lula government, overvaluation of the dollar and the need for a new international currency
Rise in the dollar boosts political action for cuts in social spending, ignoring positive indicators of Brazil
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EXCHANGE RATE
Lula ascribes the rise in the dollar to ‘speculative interest’ and maintains criticism of the Central Bank
The declaration was made in an interview with Sociedade Radio, on Tuesday morning (2)
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Understand the dispute involving interest rates in Brazil
Central Bank defends high rates "to contain inflation"; Lula criticizes the move supported by 76% of the population
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Interest rates
Understand the dispute between Lula and the central bank and what is at stake in the economy
President criticizes high interest rates; CB supports it to curb inflation and demand government to cut expenses
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