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 ISTBrazil falls into recession as election looms
Brazil's GDP shrank 0.6 per cent in the second quarter.
Aug 30, 2014, 10:56 AM IST