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Brazil's basic interest rate at the end of 2024 10% or more: real money 99%, play money 93% Between 9.5% and 9.9%: real money 1%, play money 5% Between 8.5% and 8.9%: real money 1%, play money 1% Less than 8.5%: real money 1%, play money 1% Between 9.0% and 9.4%: real money 1%, play money 1% Volume: real money 954.28845265, play money 36210 Bettors: real money 34, play money 36 Categories: Finance, Economic Indicators, Brazil, Interest rate Related markets Brazil to reduce illegal deforestation by at least 50% by 2026? (ID: 134871) Volume: real 965.16141894, play 506232.79690227 Bettors: real 43, play 1221 Leading (real money): Brazil to reduce illegal deforestation by at least 50% by 2026? 62% Leading (play money): Brazil to reduce illegal deforestation by at least 50% by 2026? 49% Petrobras' privatization to begin by the end of Lula's term? (ID: 156870) Volume: real 1108.22764708, play 243281.48116915 Bettors: real 28, play 407 Leading (real money): Petrobras' privatization to begin by the end of Lula's term? 6% Leading (play money): Petrobras' privatization to begin by the end of Lula's term? 100% Lula to finish his presidential term? (ID: 166905) Volume: real 6764.14444757, play 1070058.59791466 Bettors: real 102, play 1877 Leading (real money): Lula to finish his presidential term? 96% Leading (play money): Lula to finish his presidential term? 96% Impeachment of any of Brazil's Supreme Court Justices by the end of 2026? (ID: 161037) Volume: real 1968.12791744, play 283510.72894153 Bettors: real 43, play 551 Leading (real money): Impeachment of any of Brazil's Supreme Court Justices by the end of 2026? 8% Leading (play money): Impeachment of any of Brazil's Supreme Court Justices by the end of 2026? 7% Brazil's Supreme Court expanded to more than 11 seats by the end of 2026? (ID: 161038) Volume: real 128.73949158, play 166490.64881065 Bettors: real 22, play 267 Leading (real money): Brazil's Supreme Court expanded to more than 11 seats by the end of 2026? 7% Leading (play money): Brazil's Supreme Court expanded to more than 11 seats by the end of 2026? 2%

Brazil's basic interest rate at the end of 2024

Market Rules

The Selic rate, which is set by the Brazilian Central Bank’s Monetary Policy Committee (Copom), is the main basic reference for interest rates in the Brazilian financial system.

This market will resolve in favor of the outcome whose range of values contains the Selic rate prevailing in Brazil after Copom’s final meeting in 2024, which is set to take place on December 10th and 11th.

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