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સેન્ટ્રલ બેંક નીતિ દર (BRL)

સેન્ટ્રલ બેંક દ્વારા નિર્ધારિત પ્રાથમિક વ્યાજ દર.

Latest reading: 14.0 (2016-10-20)  ·  %

Category: Monetary Policy

API Endpoint

/api/v1/announcements/brl/policy_rate

Use the production OpenAPI schema for the authoritative REST route metadata.

https://fxmacrodata.com/api/openapi.json

Browse the full endpoint reference

Compare સેન્ટ્રલ બેંક નીતિ દર across all supported currencies →

About સેન્ટ્રલ બેંક નીતિ દર (BRL)

The Brazil policy interest rate is the benchmark rate set by the Banco Central do Brasil to influence borrowing costs, credit conditions, and inflation throughout the economy. It is the single most important price in Brazil's financial system.

Why FX traders watch it

Policy rate differentials between countries are the primary driver of carry-trade positioning and long-run FX equilibrium. When the Banco Central do Brasil is hiking while others are on hold, the brl typically appreciates on an interest rate differential basis.

How to interpret the data

A surprise rate hike is brl-positive; a surprise cut is negative. Forward guidance and the policy statement accompanying each decision are often more market-moving than the rate change itself, as markets are usually well-positioned for the expected move.

Historical સેન્ટ્રલ બેંક નીતિ દર (BRL)

Source: BCB SGS  ·  ~8x/year  ·  %

Data provided by FXMacroData via the /api/v1/announcements/brl/policy_rate endpoint. For access, see pricing.

Data Source

Primary Source

BCB SGS

Official Series ID

SGS/432

Data Format and Properties

Data Frequency

~8x/year

Unit of Measure

%

JSON Response Structure

The endpoint returns a chronological list of observations in JSON format. 

{
    "currency": "BRL",
    "indicator": "policy_rate",
    "has_official_forecast": false,
    "start_date": "2023-01-01",
    "end_date": "2023-12-31",
    "data": [
        {
            "date": "2024-07-01",
            "val": 4.2,
            "announcement_datetime": 1722456000
        }
    ]
}

Request Parameters & Usage

Parameter Required Format Description
start_date NO YYYY-MM-DD Optional lower bound for the requested history.
end_date NO YYYY-MM-DD Optional upper bound. Defaults to the current date.
api_key CONDITIONAL string Required for non-USD announcement requests. USD announcement requests are public without an API key.

Example Usage

To retrieve સેન્ટ્રલ બેંક નીતિ દર data for BRL from 2023: 

GET https://fxmacrodata.com/api/v1/announcements/brl/policy_rate?start_date=2023-01-01&end_date=2023-12-31&api_key=YOUR_API_KEY

Frequently Asked Questions

How do I get the Banco Central do Brasil policy rate history via API?
Policy rate history for Brazil is available at /api/v1/announcements/brl/policy_rate, with announcement_datetime for every meeting decision.
What happens to the brl when the Banco Central do Brasil raises rates?
Rate hikes attract capital inflows seeking higher yield, which typically strengthens the brl in the short run. However, very aggressive hikes can raise recession fears and eventually weaken the currency.