[BrazilSun] Brazil's Key Interest Rate Drops 0.50%. Still High at 15.75%.

[NewsWhore]

Brazil's Monetary Policy Committee (Copom) announced yesterday, May 31, that it had unanimously decided to lower the country's key interest rate, the Selic, by 0.50 percentage points, from 15.75% to 1...

Link To Original Article (http://story.brazilsun.com/p.x/ct/9/id/665d7f91e7063cd4/cid/24437442923341f1/)