Currency Fluctuation and Interest Rate in Brazil

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.

Detalles Bibliográficos
Autor: Sicsú, João
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:2002
País:Brasil
Institución:EDITORA 34
Repositorio:Revista de Economia Política
Idioma:portugués
OAI Identifier:oai:ojs2.centrodeeconomiapolitica.org:article/949
Acceso en línea:https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/949
Access Level:acceso abierto
Palabra clave:Interest rate
exchange rate
Brazil
Taxa de câmbio
taxa de juros
Brasil
Descripción
Sumario: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.