Brazils interest rates of loans to individuals fall to 14-year low

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rates is mainly due to the overall improvement in Brazils economic scenario and the competitiveness of its financial market. The sharp fall in Brazils annual basic interest rate Selic has also contributed to the lower interest ...

July, while the rates charged by credit card companies remained at 10.68 percent. According to the association, the drop in the interest rates is mainly due to the overall improvement in Brazils economic scenario and the ...

percent to 2.65 percent. The interest rates charged by financial companies registered a sharper drop, from 11.09 percent in July to 10.62 percent in August. The average rates in overdraft protection programs, on the other hand, ...

  Oct 04 2009