Brazilian Real Snaps Nine-Day Rally as Global Equities Decline
Story date: 2008-02-29 07:59:00
Added on: 2008-02-29 09:01:04
Bloomberg - Brazil's real interest rate, calculated by subtracting annual inflation of 4.56 percent from the 11.25 percent Selic benchmark lending rate, is 6.69 percent, among the highest in the world.
Read more...
Related Stories:
-
Brazil Real Gains on Bets Yield Advantage to Remain Attractive
Bloomberg - Brazil's real interest rate, or the difference between the 11.25 percent Selic benchmark lending rate and 4.19 percent annual inflation,...
2007-12-26 08:25:00 -
Europe Stocks May Trail U.S. Shares on Slower Profits (Update1) - Bloomberg
Sept. 29 (Bloomberg) -- European stocks may fall further than U.S. equities as profits decline and mortgage-related losses push the region's economy...
2008-09-29 05:22:00 -
Brazil's Real Little Changed on Ptax Futures Settlement Rate
Bloomberg - Brazil has a real interest rate of about 7 percent after subtracting inflation of 4.1 percent from the benchmark rate....
2007-11-30 11:19:00 -
Dovish Fed gives equities much-needed boost
MSN MoneyCentral - ... Reserve, appeared to increase the chances of a cut in US interest rates next ... to an...
2007-11-28 10:03:00 -
India's Bonds Decline as Higher Overnight Rate Dampens Demand
Bloomberg - U.S. interest-rate futures show traders see an 88 percent chance the Fed will cut its key rate by a quarter-percentage...
2007-11-27 06:30:00 -
Japan's Bonds Complete Second Weekly Decline as Stocks Advance (Bloomberg.com)
Sept. 13 (Bloomberg) -- Japanese government bonds fell for a second week as the country's equities advanced, reducing demand for the relative...
2008-09-12 04:19:08 -
Brazil's Real Falls as Credit Losses Spur Drop in Global Stocks
Bloomberg - Nov. 16 (Bloomberg) -- Brazil's real fell as concern over subprime mortgage losses spurred a drop in European and Asian...
2007-11-16 05:17:00 -
Brazil's Real Gains Ahead of Central Bank Rate-Setting Meeting - Bloomberg
July 21 (Bloomberg) -- Brazil's real gained on speculation the central bank will raise the benchmark lending rate at least a half-percentage...
2008-07-21 07:28:00