Tag: Brazil Central Bank

• Thursday, October 11th 2012 - 04:41 UTC

  In divided decision Brazil central bank cuts basic rate another 25 points to 7.25%

  

  Brazil's central bank on Wednesday slashed its interest rate for the 10th time since August last year, to a record low of 7.25%, in a bid to stimulate the sluggish economy.

• Saturday, July 21st 2012 - 07:38 UTC

  Brazilian government cuts 2012 growth forecast from 4.5% to 3%

  

  The Brazilian government said Friday it was cutting its economic growth forecast for this year from 4.5% to 3% due to the impact of the global slowdown. However the figure is still higher than the 2.5% predicted by the Central Bank.

• Thursday, January 5th 2012 - 05:21 UTC

  Brazil last year had the second-largest inflow of dollars: 65.2bn

  

  Brazil last year recorded the second-largest dollar inflow in its history, 65.2 billion dollars, up 168% from 2010, with most in the form of foreign investment, the Central Bank said on Wednesday.

• Tuesday, May 31st 2011 - 08:06 UTC

  Strong tendency to lower inflation in coming months is forecasted in Brazil

  

  Brazil Central Bank head of Monetary Policy Aldo Mendes anticipated Monday that inflation in the coming two/three months will be almost flat, close to zero and supported his forecast on the food prices inflexion tendency.