Tag: Brazil Central Bank

RIO DE JANEIRO, BRAZIL - In the past, cross-border investment was limited to buying foreign currency, shares listed abroad, or a house in Miami, but this portfolio has become more sophisticated. Among the factors behind this increase are the downward...
RIO DE JANEIRO, BRAZIL - The Central Bank raised by 0.1 percentage point, to 4.7%, its projection for the growth of Brazil's economy this year and predicted that the gross domestic product (GDP) will increase 2.1% in 2022, due...
RIO DE JANEIRO, BRAZIL - Even if the opposition criticizes the Brazilian economy almost daily for political reasons and says it sees black clouds gathering, there are not many countries in the world at the moment that are able...
RIO DE JANEIRO, BRAZIL - The Central Bank pondered raising interest rates beyond the 1-point adjustment it eventually adopted, but came to the conclusion that the rise was adequate to ensure the convergence of inflation to the target in...
RIO DE JANEIRO, BRAZIL - To contain the advance of inflation, the Central Bank's Monetary Policy Committee (Copom) announced on Wednesday, 22, a net increase of one percentage point in the benchmark interest rate Selic: from 5.25% to 6.25%...
RIO DE JANEIRO, BRAZIL - The Central Bank (BC) revised its forecast for Brazilian gross domestic product (GDP) growth in 2021 to 4.6% from 3.6%, mainly reflecting the better-than-expected result in the first quarter of the year - despite...
RIO DE JANEIRO, BRAZIL - Foreign exchange flow to Brazil was positive by almost US$4 billion in April, driven by the trade account, which raised the balance in the year to over US$12.7 billion, Central Bank data showed Wednesday,...
RIO DE JANEIRO, BRAZIL - China has the world’s greenest central bank, followed by Brazil, both beating richer countries thanks to concrete steps such as lower interest rates on loans for pollution-fighting projects, an activist group said on Wednesday. The...
RIO DE JANEIRO, BRAZIL - Concern with rising prices was the main reason for COPOM to raise the Selic rate higher than expected, reaching 2.75% per year and indicating that it may make further adjustments. The role of the...

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