Edla Lula
Reporter - Agencia Brasil

Brasilia – The National Monetary Council (CMN) decided, this Friday (31), to reduce the long-term interest rate (TJLP) from 9% to 8.15%. The decision was unanimous.

According to the Director of Norms of the Central Bank, Sérgio Darcy, CMN concluded that both the low inflation, and the external investors’ good evaluation of the country contributed for the reduction of the TJLP.

Translation: Andréa Alves