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Currency Fluctuation and Interest Rate in Brazil

Author

Listed:
  • João Sicsú

Abstract

This short article shows that since 1999 the interest rate has been correlated to exchange rate volatility in Brazil. Therefore, it would be one of the reasons for not reducing the interest rate in Brazil. JEL Classification: E52; E58; F31.

Suggested Citation

  • João Sicsú, 2002. "Currency Fluctuation and Interest Rate in Brazil," Brazilian Journal of Political Economy, Center of Political Economy, vol. 22(3), pages 518-523.
    • Handle: RePEc:ekm:repojs:v:22:y:2002:i:3:p:518-523:id:949
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    File URL: https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/949/2157
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    More about this item

    Keywords

    Interest rate; exchange rate; Brazil;
    All these keywords.

    JEL classification:

    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
    • F31 - International Economics - - International Finance - - - Foreign Exchange

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