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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 508517.50310836 Bettors: real 43, play 1223 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? 51% Petrobras' privatization to begin by the end of Lula's term? (ID: 156870) Volume: real 1159.60025846, play 243483.03126503 Bettors: real 28, play 407 Leading (real money): Petrobras' privatization to begin by the end of Lula's term? 2% Leading (play money): Petrobras' privatization to begin by the end of Lula's term? 2% Lula to finish his presidential term? (ID: 166905) Volume: real 6779.44719473, play 1075863.81532131 Bettors: real 103, play 1882 Leading (real money): Lula to finish his presidential term? 97% Leading (play money): Lula to finish his presidential term? 96% Brazil’s Next President Elect (ID: 233774) Volume: real 33632.85481111, play 1987524.9040732 Bettors: real 152, play 327 Leading (real money): Flávio Bolsonaro 79% Leading (play money): Flávio Bolsonaro 73% Impeachment of any of Brazil's Supreme Court Justices by the end of 2026? (ID: 161037) Volume: real 2033.0296517, play 299498.80666806 Bettors: real 45, play 553 Leading (real money): Impeachment of any of Brazil's Supreme Court Justices by the end of 2026? 3% Leading (play money): Impeachment of any of Brazil's Supreme Court Justices 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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