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Thread: SELIC Prime Rate

  1. #1
    mprado is offline Senior Member
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    Dec 2010
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    Default SELIC Prime Rate

    Projections for inflation suggest adjusting the SELIC (prime rate) short-term, says Hamilton, the Economic Polices Director of Central Bank of Brazil.

  2. #2
    to.travel is offline Senior Member
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    Dec 2010
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    Your post piqued my interest.. I really don't understand what that means.. Can you please give a brief discussion with regards to this matter.. thanks!

  3. #3
    danno123 is offline Senior Member
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    Dec 2010
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    As of December 2010 the Commercial bank prime lending rate was listed at 47.25
    According to a recent survey consumer prices will rise 4.97 percent in the next 12- months.

  4. #4
    travel lover is offline Senior Member
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    Nov 2010
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    really? that means again the pate of every product will increase and normal or middle class people will be in a great problem again?
    but why it is happening? can any one plz describe? i don't think it is happening in Brazil. neighboring countries also suffering from this. am i right?

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