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Examples
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Brazil cut its benchmark overnight rate, known as the Selic rate, to 12.75% -- which still leaves the nation with easily the highest real rate in the Americas, even considering its nearly 7% inflation.
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Brazil is expected to raise its so-called Selic rate to 12.25 percent by year-end to fight inflation expected to reach 6.02 percent, according to the median estimates in an April 1 central bank survey of economists.
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In its first monetary policy meeting of the year, the central bank unanimously decided to slash the so-called Selic rate to 10.5 per cent from 11 per cent, in line with both analyst and market expectations.
The Globe and Mail - Home RSS feed ALONSO SOTO AND TIAGO PARIZ 2012
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In its first monetary policy meeting of the year, the central bank unanimously decided to slash the so-called Selic rate to 10.5 per cent from 11 per cent, in line with both analyst and market expectations.
The Globe and Mail - Home RSS feed ALONSO SOTO AND TIAGO PARIZ 2012
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Rousseff wants the benchmark rate, known as Selic, to fall to 9 percent next year, newspaper Estado do S.
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In a split decision, the central bank's monetary policy committee, Copom, voted five to two to trim the so-called Selic rate by 50 basis points, following five consecutive increases earlier this year.
Telegraph.co.uk - Telegraph online, Daily Telegraph and Sunday Telegraph 2011
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Brazil's main interest rate, known as the Selic, has been cut from 12.5% to 11% since August in a bid to boost growth, but is still the highest in the G20 group of leading economies.
BBC News - Home 2011
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Brazil's central bank has held the overnight lending rate, known as Selic, at a record low of 8. 75% since July.
MercoPress 2010
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Planning Minister Paulo Bernardo said that the new reserve requirements may keep the so-called Selic from being increased next month.
Bloomberg 2010
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Yields on Brazil's interest-rate futures contract due in January fell five basis points to 10.89 percent, implying traders expect the central bank to raise the overnight rate, known as Selic, to about 11.25 percent by year-end.
BusinessWeek.com -- 2010
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