Tag: Henrique Meirelles

Henrique Meirelles
Saturday, May 1st 2010 - 01:07 UTC

Brazilian Central Bank Purchases Dollars to Limit Gains in the Real

Meirelles said the Central bank would maintain its policy of building reserves

Brazil’s Real fell on Friday for the first time in three days as the government stepped up efforts to limit gains in the currency. The real lost 0.6% to 1.7384 per dollar at the end of the week after increasing 2.4% in April and 1.1% for the week.

Thursday, April 29th 2010 - 07:03 UTC

Fearing an Over-Heated Economy Brazil Hikes Basic Rate 75 Points to 9.5%

President Henrique Meirelles has applied “vigorous action” whenever needed to curb inflation

Central Bank of Brazil increased on Wednesday the benchmark interest rate for the first time in 19 months in an effort to cool an economy forecast to expand 6% this year, one of the highest rates in two decades.

Wednesday, April 21st 2010 - 02:52 UTC

Stronger Yuan “critical” for a more stable world economy claims Brazil

Brazil’s Central bank president Henrique Meirelles

A stronger Chinese currency is “critical” for the good of the global economy, Brazil's central bank chief Henrique Meirelles said on Tuesday, joining a chorus of critics of China's foreign exchange policy.

Advertisement

Get Email News Reports!

Get our news right on your inbox.
Subscribe Now!

Advertisement