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BCB

Central banks

Selic target
13.75%
3M 6M 1Y 5Y 10Y ALL
History
FirstLast
Selic target %15.0013.75
History % Selic target: 15.00 to 13.75 % Nov 13, 25 Nov 13, 26

Brazil's Selic rate at 13.75%, after cuts

In plain words

The Selic is Brazil's main interest rate, set by its central bank. As of November 13, 2026, it stands at 13.75 percent, after a small cut on September 17, and it has come down over the past year.

Where it sits

Selic target Low 13.75Now 13.75High 15.00

One-year low to high. Drawn from the data, not by AI.

There is more in this note

What it means if this rises or falls, cause and effect, how it works, the words to know and what to watch next.

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Written by AI from the numbers on this page. Not advice.

Policy rate

Selic target 13.75% -
Last changed 2026-09-17 -
Last change -25bps -
3-month change -25bps -
6-month change -75bps -
12-month change -125bps -

Leads to

BCB

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Rates in Brazil

Where is the Banco Central do Brasil Selic target, and how has it changed?

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