Interbank Rate in Brazil remained unchanged at 13.15 percent on Monday March 31. This dataset provides - Brazil Interbank Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The benchmark interest rate in Brazil was last recorded at 14.25 percent. This dataset provides - Brazil Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Brazil's inflation rate demonstrated significant volatility between January 2018 and February 2025. Initially fluctuating between 1.88 and 4.94 percent, the rate dramatically peaked at 12.13 percent in April 2020. After a gradual decline to 3.16 percent in June 2023, it rose to 4.61 percent in August 2023. Throughout 2024, inflation decreased monthly until April, reaching 3.69 percent, before entering another inflationary phase. Simultaneously, the Central Bank of Brazil adjusted the Selic rate in response to these economic dynamics. Following a series of rate hikes from February 2021 to August 2022, the Selic reached 13.75 percent. This rate remained stable until July 2023, when a series of cuts began. By April 2024, the Selic had dropped to 10.75 percent, further reduced to 10.5 percent in May 2024. As inflation increased in the latter part of 2024, the central bank initiated rate hikes, setting the Selic at 13.25 percent in January 2025.