SICSÚ, João <br/><br/>
Flutuação cambial e taxa de juros no Brasil 

 - São Paulo :  Editora 34,  jul./set. 2002 
<br/><br/> This short article shows that since 1999 the interest rate has been correlated to exchange rate volatility in Brazil. Therefore, it would be one of the reasons for not reducing the interest rate in Brazil