Friday , December 4 2020

Saving savings exceeding the number of October deposits – Economy




The number of withdrawals exceeding the number of deposits increased in October.
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The number of withdrawals in excess of the number of deposits increased in October.

In October, Brazil took more money than it saved. This was pointed out by the Central Bank Savings Report (BC), released on Wednesday (7).

Read: Brazil has already paid over R $ 2 trillion this year.

According to this data, $ 196.68 billion saving
R $ 194,435 was deposited last month. Therefore, the net exit was RMB 25.32 billion (R $).

This is the first negative result in the last 8 months. The number of plundering was not more than the number of deposits from early this year to February.

Even if you had the most withdrawals in October, your savings or total balance increased. This amount is measured in addition to the amount withdrawn and the amount deposited, Saver
.

Also read: Delays in the account are the cause of anxiety about more than half of the complaints

In October of this year, everyone is worth income
R $ 2.95 trillion. Thus, at the end of the month, the total savings amounted to RMB 77.692 billion.

In September, the balance of savings was $ 775,774 million, with new deposits of $ 194,435 million and withdrawals of $ 196,868 million.

Still, according to the central bank's report, despite the negative outcome of October, this figure was good during the first 10 months of 2018, with deposits of R $ 22.968 billion related to withdrawals.

How to Calculate Savings Income


Saving income is lower due to current Selic rates. This is 6.5% per year.
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Saving income is lower due to current Selic rates. This is 6.5% per year.

Savings income is calculated as the sum of 0.5% per month for each time the base rate (TR) defined by the central bank and the basic interest rate (Selic) exceeds 8.5% per annum. If the Selic ratio is lower than this index, savings income limited to 70% of Selic plus TR will be reduced.

Also read: One of the three credit card users does not even know the amount of their bill

Currently, Selic is 6.5% per year, saving
I am subdued. The guardian is receiving a yield of 4.55% (70% of it) + Referential Rate of the Selic fee.


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