Tag: Central Bank of Brazil

• Tuesday, October 25th 2022 - 09:10 UTC

  Foreign tourists near spending in Brazil to 2016 figures

  

  Brazil's Central Bank (BCB) Monday confirmed foreign travelers had spent US$416 million in the country during September of 2022, the highest figure for the month since September of 2016, the year of the Olympic and Paralympic Games in Rio de Janeiro, which recorded US$ 446 million in revenues.

• Tuesday, October 18th 2022 - 10:07 UTC

  Inflation projections in Brazil fall yet again

  

  Brazilian economic authorities have cut down projections regarding 2022's annual inflation from 5.71% to 5.62%, it was reported Monday. It was the 16th consecutive reduction of the National Wide Consumer Price Index (IPCA) estimate.

• Thursday, September 22nd 2022 - 10:01 UTC

  With inflation soothing, Brazilian central bank leaves basic Selic interest rate unchanged at 13,75%

  

  Brazil's Central Bank Monetary Policy Committee (Copom) decided on Wednesday to keep its basic Selic interest rate unchanged at 13,75%, putting an end to twelve consecutive increases which took off in 2021 with the purpose of bringing down inflation.

• Thursday, September 15th 2022 - 19:20 UTC

  Brazil's economic activity going up, Central Bank index shows

  

  Brazil's economy jumped 1.17% in July from June's figures, according to the Central Bank's Economic Activity Index (IBC-Br) released Thursday based on seasonally adjusted data.

• Tuesday, June 28th 2022 - 09:31 UTC

  BCB head says worst part of inflation in Brazil is over

  

  Brazil's Central Bank (BCB) CEO Roberto Campos Neto said Monday that the worst part of inflation in his country was over, after the proper tools to curb the process had been taken.

• Friday, June 24th 2022 - 00:20 UTC

  Brazil: Inflation and GDP projections up from March figures

  

  Brazil's Central Bank (BCB) Thursday announced it projected a 1.7% increase in the country's Gross Domestic Product (GDP) by the end of 2022, thus improving a previous forecast released in March, which mentioned merely 1%.

• Saturday, May 14th 2022 - 08:33 UTC

  Brazil invited to abide by OECD codes of good practices

  

  Brazilian economic authorities Friday announced they had received an invitation from the Organization for Economic Cooperation and Development (OECD) Council to abide by both the Capital Movements Liberalization Code and the Intangible Current Operations Liberalization Code.

• Thursday, May 12th 2022 - 10:10 UTC

  Brazil consumer prices increased 1.06% in April and 12,13% in twelve months

  

  Consumer prices in Brazil increased 1.06% from March, the fastest rise for the month of April since 1996, the Brazilian Institute of Geography and Statistics, or IBGE, said on Wednesday. Prices rose 12.13% from a year earlier, the fastest pace since 2003. In March, prices rose 1.62% from February and increased 11.30% from a year earlier. Again food and transport had a decisive impulse.

• Friday, April 1st 2022 - 22:16 UTC

  Brazil's Central Bank workers go on indefinite strike

  

  Employees of Brazil’s Central Bank (BCB) Friday went on strike to demand better wages. The workers have announced that their measure will continue until an answer has been achieved. The new circumstances affect local payments and other services, it was reported.

• Wednesday, March 16th 2022 - 22:55 UTC

  Brazil's Central Bank raises interest rate to 11.75%, highest since 2017

  

  Brazil's central bank (BCB) on Wednesday raised its benchmark interest rate by 1 percentage point to 11.75%, a high in nearly five years, in a bid to curb inflation that “continued to surprise” amid pressures exacerbated by the war in Ukraine. Last time with such a high inflation was last April, 2017.