Close-up image of several 50 real (R$) bank notes, Brazil's official currency, in Rio de...

Close-up image of several 50 real (R$) bank notes, Brazil's official currency, in Rio de Janeiro January 19. Brazil moved to bolster confidence in the free-floating currency by raising the key interest rate to 41 percent from 29 percent, a move analysts say should bring more stability while the country gets its fiscal house in order. The real has lost 23 percent of its value over the last week, and Brazil lost a net $325 million through its foreign exchange markets January 18, comparing with a net outflow of $321 from January 15. The private National Industry Confederation (CNI) said Tuesday a devaluation of around 25 percent in the real will have an inflationary impact of between 8 and 10 percent.