He Real Brazilian records losses this Tuesday after two previous days of profits. The Brazilian currency yields against the dollar after reaching Monday its highest price in four months, since November 7.
The USD/BRL opened its operation by rising to a daily maximum of 5,7096 and then went back to a minimum of the day in 5,6833.
He USD/BRL quotes when writing about 5.6906killing Gains on the day of 0.10%.
The OECD provides a slowdown of the Brazilian economy in 2025 and 2026
- The Organization for Economic Cooperation and Development (OECD) published yesterday its perspective report, aiming a more marked slowing of the Brazilian economy. According to the entity, The economy will grow in Brazil at a rate of 2.1% in 2025, below the 2.3% planned in December. In 2026, the country’s GDP will only increase 1.4%, well below the 1.9% previously projected.
- The OECD justifies the downward review of its forecasts for Brazil for the increase in interest rates of the Brazilian Central Bank and for the affectation that the rise in the tariffs of steel and aluminum in the United States may have in its exports.
- He Central Bank of Brazil will announce tomorrow your decision about interest rateswaiting for a rise of 100 basic points to 14.25% from the current 13.25%.
- Brazil cut the tariffs on basic food imports yesterday Like meat, sugar, pasta, coffee, corn, sardines, cookies and sunflower and olive oil. The objective of the Government of Lula da Silva is to reduce the cost of these products for the population.
- The US industrial production grew in February a 0.7% monthly, above 0.3% of January and 0.2% expected.
Economic indicator
Interest rate decision
Monetary policy and their changes in interest rates are announced by the Central Bank Do Brazil. If the bank is optimistic in its inflationist expectations of the economy and raise its interest rates it is perceived as positive and upward for the Brazilian real. On the other hand, a pessimistic perspective of the economy or a rate cut is perceived as negative for the currency.
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Next publication: MIÉ MAR 19, 2025 21:00
Frequency: Irregular
Dear: 14.25%
Previous: 13.25%
Fountain: Central Bank of Brazil
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
