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Tag: CMN

By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Banks in Brazil will have to allocate approximately R$6 billion from rural deposits and savings to small farmers, announced Brazil’s National Monetary Council (CMN) on Thursday. "The change will...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The Brazilian National Monetary Council passed a resolution last week which will direct R$22.5 billion of reserve requirements towards farm and housing credit. The measure, say analysts, will help sectors...
By Jaylan Boyle, Contributing Reporter RIO DE JANEIRO - The Brazilian Real finished the last quarter as the second best performer among the 16 most-traded currencies worldwide, just behind the South African Rand. The gain in value is the largest...

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