Tag: Central Bank of Brazil

• Thursday, August 22nd 2019 - 18:51 UTC

  Brazil central bank anticipates that there is scope to further cut interest rates

  

  Brazilian central bank president Roberto Campos Neto said on Wednesday that the balance of economic risks and increasingly benign inflation means there is scope to cut interest rates further.

• Friday, August 16th 2019 - 12:55 UTC

  Brazil's central bank will sell dollars in the spot currency market; first time in a decade

  

  Brazil’s central bank announced it would sell dollars outright in the spot currency market this month for the first time in over a decade, changing its regular market operations in response to rising demand for liquidity.

• Saturday, June 8th 2019 - 09:53 UTC

  Brazil central bank denies plans for a monetary union with Argentina

  

  Brazil’s central bank has denied any planning is underway to create a monetary union with Argentina, after a spokesman for the government in Buenos Aires said on Thursday it was the case.

• Thursday, May 9th 2019 - 12:28 UTC

  Brazil central bank leaves interest rates unchanged at 6.5%

  

  Brazil's central bank held fire on interest rates on Wednesday despite lackluster growth in Latin America's biggest economy and uncertainty over President Jair Bolsonaro's ability to push through a much-needed pension reform.

• Wednesday, March 13th 2019 - 08:12 UTC

  Brazil February consumer prices rose 0.43%, and 3.89% in twelve months

  

  Consumer prices in Brazil rose at a slightly faster pace than expected in February due to a rise in private education fees and food and beverage prices, statistics agency IBGE said on Tuesday. On a monthly basis, inflation rose by 0.43% in February, IBGE said, more than the expected 0.39% and up from 0.32% a month earlier.

• Thursday, December 13th 2018 - 06:57 UTC

  Brazilian central bank keeps interest rates at an all time low

  

  The Brazilian central bank on Wednesday held interest rates at an all-time low, as widely expected, and hinted that it will hold off from raising them for longer than expected. The bank’s nine-member monetary policy committee, Copom, kept the benchmark Selic rate at 6.50 percent for a sixth straight meeting.

• Wednesday, November 28th 2018 - 18:50 UTC

  Brazilian credit card users offered predictable exchange rate for deals in foreign currency

  

  Brazil's Central Bank (BCB) President Ilan Goldfajn Wednesday announced a new rule for credit card charges in foreign currency: the sum consumers will have to pay in reais will be calculated on the basis of the exchange rate at the day of the transaction. The measure, however, will become effective as March 1, 2020.

• Thursday, November 15th 2018 - 20:49 UTC

  Orthodox liberal nominated to Brazil's central bank, Roberto Campos Neto

  

  Economist Roberto Campos Neto has accepted an invite to become the head of Brazil's central bank under the government of the incoming president, Jair Bolsonaro, the nation's future economy minister said in a statement on Thursday.

• Wednesday, November 7th 2018 - 08:55 UTC

  Brazilian inflation to peak in second quarter for 2019, forecasts Central bank

  

  The Brazilian central bank on Tuesday forecast that inflation is likely to peak in the second quarter of 2019 before easing towards its target, adding that underlying inflation was at “appropriate” levels.

• Thursday, September 20th 2018 - 08:37 UTC

  Brazil leaves interest rates unchanged, as long as inflation remains in target range

  

  The Brazilian central bank on Wednesday held interest rates at an all-time low despite a currency selloff, as widely anticipated, but said it could “gradually” raise them in the future if inflation expectations spike.