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Brazil Interest Rate

Last Release
Dec 2019
Actual
4.5 %
Forecast
4.5 %
Previous
5 %
Frequency
Daily
Units In
%
Next Release
Feb 5, 2020
Time to Release
11 Days 2 Hours
Highest
Lowest
Average
Date Range
Source
45 %
Mar 1999
4.5 %
Dec 2019
14.73 %1999 - 2019N/A
In Brazil, interest rate decisions are taken by The Central Bank of Brazil's Monetary Policy Committee (COPOM). The official interest rate is the Special System of Clearance and Custody rate (SELIC) which is the overnight lending rate.

Latest Updates

The Central Bank of Brazil voted unanimously to trim its key Selic rate by 50 bps to 4.50 percent during its December meeting. It was the fourth consecutive rate cut bringing borrowing costs to its lowest on record, amid the global economic slowdown and a recovery in the domestic economy. Policymakers said that the the current stage of the business cycle needs caution in the conduct of monetary policy and added that next decisions will be data dependent.

Brazil Interest Rate History

Last 12 readings

Latest Releases and Calendar Events

News

All News
DATETIMETITLE
Dec 12, 201909:56Brazil Trims Interest Rate for 4th Straight Meeting
Oct 31, 201911:29Brazil Trims Interest Rate for 3rd Straight Meeting
Sep 19, 201910:13Brazil Cuts Interest Rate to Fresh Record Low
Aug 1, 201907:47Brazil Unexpectedly Cuts Rate by 50 Bps
Jun 19, 201921:31Brazil Leaves Monetary Policy Unchanged
May 9, 201909:33Brazil Leaves Monetary Policy Unchanged
May 8, 201921:07Brazil Leaves Monetary Policy Unchanged

Calendar

ECONOMIC CALENDAR
DATETIMEEVENT
Nov 5, 201911:00BCB Copom Meeting Minutes
Oct 30, 201921:00Interest Rate Decision
Sep 24, 201911:00BCB Copom Meeting Minutes
Sep 18, 201921:15Interest Rate Decision
Aug 6, 201911:00BCB Copom Meeting Minutes
Jul 31, 201921:15Interest Rate Decision
Jun 19, 201921:30Interest Rate Decision

A Look at the Markets

Educational Pieces on Marco Indicators

all education articles

Brazil money Indicators

All Brazil indicators
Indicator
Last
Previous
Min
Max
Unit
Frequency
Range
Banks Balance Sheet
6,629,894.07
Sep 2019
6,590,245.9
Aug 2019
4,596.15
Aug 2012
6,629,894.07
Sep 2019
BRL MillionMonthly2000 - 2019
Cash Reserve Ratio
21
Dec 2019
21
Nov 2019
21
Dec 2018
100
Oct 1994
%Monthly1994 - 2019
Central Bank Balance Sheet
3,442,882,417
Oct 2019
3,560,355,983
Sep 2019
6.4
Dec 1987
3,560,355,983
Sep 2019
BRL ThousandMonthly1987 - 2019
Deposit Interest Rate
3.33
Nov 2019
5.27
Oct 2019
3.33
Nov 2019
54,180.08
Feb 1990
%Monthly1980 - 2019
Foreign Exchange Reserves
356,884
Dec 2019
366,376
Nov 2019
1,187
Dec 1970
388,092
Jun 2019
USD MillionMonthly1970 - 2019
Interest Rate
4.5
Dec 2019
5
Nov 2019
4.5
Dec 2019
45
Mar 1999
%Daily1999 - 2019

Interest Rate across South America

Interest Rate global view
Country
Last
Previous
Min
Max
Unit
Frequency
Range
Argentina
50
Jan 2020
52
Jan 2020
1.2
Mar 2004
1,389.88
Mar 1990
%Daily1979 - 2020
Bolivia
3.55
Dec 2019
2.96
Nov 2019
0.77
Apr 2010
28.51
Apr 1991
%Daily1990 - 2019
Brazil
4.5
Dec 2019
5
Nov 2019
4.5
Dec 2019
45
Mar 1999
%Daily1999 - 2019
Chile
1.75
Dec 2019
1.75
Nov 2019
0.5
Jun 2010
14
Oct 1998
%Daily1995 - 2019
Colombia
4.25
Dec 2019
4.25
Nov 2019
3
Oct 2010
32
Nov 1998
%Daily1998 - 2019
Ecuador
8.78
Dec 2019
8.68
Nov 2019
6.67
May 2018
72.6
Jan 2000
%Daily1970 - 2019
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