Gallolo: Celic elevation real at the end of 2024 | The economy is less attractive to betting against
Central Bank President Gabriel Galipo on Tuesday said that developing central banks often need to make interest rates and attract investment – so avoid reducing their currency. Due to this process, the less attractive central banker explained that the Sentic Elevation process was to bet against the actual ones in late 2024.
“You have to maintain a higher interest rate for those who decide to invest in the country, even during the economic slowdown, and even during the economic slowdown, and to provide a higher gift to those who have their own currency,” he said.
At his exhibition, the Central Banker pointed out that for the developing countries, the international scenario movements – such as the US monetary policy decisions.
Later, as the BC president had taken the commerce of Brazilian currency, the Mexican weight at the end of 2024 became beneficial, and the monetary authority increased to a 1 percent point and represent two more in January and March.
“The process made at the end of the year, increased the interest rate, stipulated to exceed the award for those who betted, for example, in the Mexican currency and the betting against Brazilian currency would be less attractive,” he said.
The Gallolo pointed out that the real value of Brazilian inflation was important, at least 60% to 70% of the country’s dollar prices.
