Gold has been one of the standout performers during 2020, rising from around $1500 an ounce to a whopping $2075 an ounce in August. However, with the precious metal having broken out of previous all-time…
Copom lowers Selic rate to 3.75% p.a.
In its 229th meeting, the Copom unanimously decided to lower the Selic rate to 3.75% p.a. The following observations provide an update of the Copom's baseline scenario: · Regarding the global outlook, the novel coronavirus pandemic is…