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After seven consecutive months of high, reduction of interest rates charged by the market in December. Second survey of the National Association of Executives in Finance, Administration and Accounting (Anefac), released today (14), the overall average interest rate for individual showed a decrease of 0.12 percentage point in December, from 7.61%, in November, to 7.49% last month. It is the lowest average interest rate since September last year.
There were also falls of interest to legal, according to Anefac. The overall average showed a reduction of 0.12 point from 4.47% in November to 4.35% in December.
In the analysis of Anefac, reductions can be attributed to measures implemented by the Central Bank to give greater liquidity to the market, as the reduction of compulsory bank, the pressure exerted by the government to reduce public banks to spread the drop of the interest and future the expectation of reducing the basic interest rate (Selic) and increased stability in the international financial system.
According to Anefac, between September 2005 and December of last year decreased by 6 percentage points of the Selic rate. The basic interest rate of the economy rose from 19.75% to 13.75% per annum in the period.
The interest of trade, special and check the CRC of the banks also showed a reduction in December. The only exception was on account of interest charged by credit card companies, which were stable at 10.56% per month (233.56% per year).
Source: Agência Brasil
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This article was translated by an automatic translation system, and was therefore not reviewed by people.