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Tag: Roberto Campos Neto

RIO DE JANEIRO, BRAZIL - Brazil’s central bank is making progress on plans to digitalize its currency, the real, and should have news on the matter soon, the bank’s president Roberto Campos Neto said on Monday. In an online debate...
RIO DE JANEIRO, BRAZIL - "We managed to break the dynamics of high interest rates in Brazil when we managed to show the market that we were on the path to fiscal convergence. So I think it's very much...
RIO DE JANEIRO, BRAZIL - The Minister of Economy, Paulo Guedes, warned President Jair Bolsonaro that the 2021 budget would be "unfeasible" with the accounting maneuvers approved by Congress to accommodate the festival of parliamentary amendments. Calculations of the economic...
RIO DE JANEIRO, BRAZIL - Economy Minister Paulo Guedes' calculations indicate that in June the Broad Consumer Price Index (IPCA) will reach this year's peak. According to the Minister, official inflation will reach 6.7% in the period, and could...
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 -  (AFP) Brazil's Congress passed a bill on Wednesday, February 10th,  giving autonomy to the Central Bank, as President Jair Bolsonaro moved to start delivering on a long-delayed agenda of economic reforms. Investors have been clamoring...
RIO DE JANEIRO, BRAZIL - The dollar closed up on Tuesday, Februry 9th, with the market showing concerns of more public spending with no fiscal compensation. This prompted another worst global performance for the Real, despite Central Bank intervention...
RIO DE JANEIRO, BRAZIL - With a new fiscal stimulus package about to be approved by the U.S., the risk of premature withdrawal of monetary stimulus in the United States is growing among financial market operators and analysts, which...
SÃO PAULO, BRAZIL – This week the exchange rate between the Brazilian real and the US dollar surged, with the Brazilian currency falling by 0.30 percent on Monday to R$4.20/US$1. But as Brazilians planning to travel abroad over the...

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