Currencies:
RUB/USD 0,0114
0,0000
BRL/USD 0,1843
0,0000
INR/USD 0,1196
0,0000
CNY/USD 0,1369
0,0000
ZAR/USD 0,5569
0,0000
Weather:
Moscow 22 °C
Brazilia 21 °C
New Delhi 34 °C
Beijing 30 °C
Pretoria 21 °C
Cairo 40 °C
Tehran 34 °C
Abu Dhabi 42 °C
Menu
Broadcast «Personal trainer»
22 °C
Moscow
21 °C
Brazilia
21 °C
New Delhi
30 °C
Beijing
21 °C
Pretoria
40 °C
Cairo
34 °C
Tehran
42 °C
Abu Dhabi
RUB/USD
0,0114
0,0000
BRL/USD
0,1843
0,0000
INR/USD
0,1196
0,0000
CNY/USD
0,1369
0,0000
ZAR/USD
0,5569
0,0000
TV BRICS Apps
Home
News
Videos
Podcasts
Menu
13:40 «Personal trainer»
13:40 «Personal trainer»
Now 16+
13:40

«Personal trainer»

14:05 «City of stories»
Next
14:05

«City of stories»

16+
14:30

«The language of dance»

16+
15:00

«BRICSreport»

16+
Иконка с часами 14 minutes 2 sec.
Ambassador of Ethiopia to Russia Uriat Cham Ugala/ “Joining BRICS is a growth opportunity for Ethiopia”
Иконка с часами 20 minutes 11 sec.
Douw Vermaak/ «Relations between Russia and South Africa are getting stronger»
Иконка с часами 8 minutes 22 sec.
Anthony Phiri, Harare Institute of Technology/"The world needs to work together to reduce greenhouse gas emissions"
20.06.2411:45 Society
Largest media holding in Ugra joins cooperation with media of BRICS countries through TV BRICS International Media Network
19.06.2412:56 Society
TV BRICS begins co-operation with Vietnam
11.06.2416:45 Society
TV BRICS and Moscow to join forces to promote image of Russian capital as international centre of creative industries
Brazil
28.12.23 10:30
Economics

Brazil's central bank plans to cut its key interest rate in early 2024

In its quarterly report, the central bank projected inflation to fall from 5 per cent to 4.6 per cent

Brazil's benchmark interest rate will be cut twice by 0.5 percentage points early next year, the country's authorities said. This is reported by Xinhua News Agency, a partner of TV BRICS.

"The next two meetings of the Monetary Policy Committee are an opportunity to achieve the least cost," said Brazilian Central Bank President Roberto Campos Neto, who delivered the quarterly inflation report at a news conference.

After four consecutive cuts, the rate now stands at 11.75 per cent a year. This means that the target rate will fall to 10.75 per cent by March 2024.

In its quarterly report, the central bank projected inflation to fall from 5 per cent to 4.6 per cent. The target rate will be 3.25 per cent with a tolerance of 1.5 percentage points.

Photo: IStock


Short
and to the point
Once a week we will cover news in the BRICS countries
By clicking on the "Subscribe" button, you agree to the processing of personal data

MORE ON THE TOPIC

24.06.2411:18 Economics
Ethiopia plans to increase the share of local pharmaceutical industry to 47%
23.06.2411:18 Economics
Saudi Arabia cuts crude oil prices 
22.06.2418:31 Economics
Egypt's merchandise exports grow 10% in first 5 months of 2024
22.06.2414:17 Economics
Total value of Iran's steel exports increases by 18%
22.06.2410:30 Economics
Ethiopia plans to add 600,000 hectares to its animal feed output
21.06.2408:31 Economics
Business cluster for food security is established in UAE
21.06.2415:35 Tourism
BRICS countries' tourism: revival after the pandemic
16.06.2408:30 Society
15 Years since the First BRICS Summit: History of Cooperation
12.06.2408:31 Society
Russia Day in 2024: history and significance
Short
and to the point
Once a week we will cover news in the BRICS countries
By clicking on the "Subscribe" button, you agree to the processing of personal data