World
07:23, 23-Mar-2023
Brazil central bank holds key interest rate despite government pressure
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Brazil's central bank maintained its key interest rate unchanged on Wednesday for the fifth time in a row, despite pressure from the government to lower it.
In September, the bank's monetary policy committee ended a run of 12 consecutive hikes, leaving the benchmark Selic rate at 13.75 percent.
Source(s): AFP
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Copyright © 2023 CGTN. 京ICP备16065310号
Disinformation report hotline: 010-85061466