Double-digit annual inflation in Brazil, the real rises

(AOF) – At the end of the afternoon, the Brazilian real rose 0.97% to 0.1783 dollars. According to official data released on Tuesday, inflation reached 10.06% in Brazil in 2021. Such a level has not been seen since 2015. Above all, it is well above the target of the Central Bank of Brazil ( BCB), and should therefore encourage the institution to continue to normalize its monetary policy.

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