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Tag: Brazil Central Bank

RIO DE JANEIRO, BRAZIL - Brazil’s central bank intervened in the spot foreign exchange market on Thursday, February 25th, for the first time this year, selling US$1.5 billion in two auctions as the real slumped to its weakest against...
RIO DE JANEIRO, BRAZIL - Funds and speculators on U.S. futures markets increased their bearish bets against the Brazilian real for a fifth week in a row, the longest streak in almost a year, data showed on Friday, February...
RIO DE JANEIRO, BRAZIL - The bill, passed by a Chamber of Deputies committee late last year, is expected to be endorsed by legislators next week, after voting on proposed amendments. "As the subject has already been widely debated,...
RIO DE JANEIRO, BRAZIL - In the Fiscal Monitor update, released this Thursday, January 28th, the IMF's gross debt projection for 2020 dropped from the 101.4% of GDP projected in October to 95.6%, while the projection for 2021 dropped...
RIO DE JANEIRO, BRAZIL - State-controlled Banco do Brasil SA has resumed the process to sell its asset management unit, known as BB DTVM, three people with knowledge of the matter said on Friday, January 22nd. The state-controlled bank told...
RIO DE JANEIRO, BRAZIL - The announcement, made on Wednesday, January 20th, is in line with the financial market's expectations, despite inflationary pressures. It is the third consecutive time that the collegiate body has decided to maintain the level...
RIO DE JANEIRO, BRAZIL - (Reuters) The outlook for Brazilian interest rates over the next two years rose to their highest in several months, a central bank survey of economists showed on Monday, even as exchange rate and inflation...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Not even the auctions announced by Brazil’s Central Bank (BCB) on Friday night, after markets had closed, managed to hold the US currency’s appreciation in relation to the Brazilian real...
By Richard Mann, Contributing Reporter SÃO PAULO, BRAZIL - Parque da Independência (Independence Park) is a famous and one of the most remarkable sightseeing spots in São Paulo and in urgent need of restoration. The City of São Paulo finally signed...

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