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Moody's Local Brasil
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Situations
Brazil 2026: Selic cuts, market volatility and Petrobras
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Latest: Petrobras reports massive Q2 2026 profit surge
From May to early August 2026, Brazil grappled with a weak real, high yields, and a 14.25% Selic rate. On 5 August, the Central Bank lowered the Selic to 14% in its fourth consecutive 0.25-point cut. While real estate an