Brazil central bank

Brazil lifts key rate 0.5 points to 11.75%

Brazil`s central bank on Wednesday raised its key interest rate by 50 basis points to 11.75 percent, surprising many analysts who had expected a rise of just a quarter percentage point.

Dec 04, 2014, 10:00 AM IST

Brazil lifts key rate to 11.25%

Brazil`s central bank on Wednesday raised its key interest rate by 25 basis points to 11.25 percent -- the first hike since April -- in the wake of leftist Dilma Rousseff`s re-election as president.

Oct 30, 2014, 05:49 AM IST

Brazil keeps interest rates on hold at 11%

Traders had forecast no change prior to the decision by the central bank`s monetary policy commission (Copom) after a two-day meeting.

Jul 17, 2014, 08:38 AM IST