
Igor Marcos
@igormubaSoftware Engineer
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2016-11-08 01:15
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Main brazilian stock index hitting all time records on a daily basis as national treasury interest rates keep going down
The brazilian stock exchange index (iBov - Índice Bovespa) has been reaching new all time highs on a daily basis for the past weeks, as it can be seen by the chart: Where each candle is a day, and for
Brazil raised interest rates first, now it is lowering first, seems like a good indicator of what to do with interest rates
Just after the pandemic hit, Brazil was among the first countries to start raising the interest rates, justifying that it was needed to fight inflation. When Brazil as speeding up the interest rate increase
