Tag: Henrique Meirelles

• Wednesday, September 22nd 2010 - 07:39 UTC

  Brazil’s central bank buys 5.9 billion USD to contain revaluation of the Real

  

  Brazilian central bank President Henrique Meirelles stepped up dollar purchases to the highest in almost a year this month in a bid to temper gains in the Real.

• Tuesday, September 7th 2010 - 05:42 UTC

  Analysts and government forecast Brazilian economy set to expand 7.3% in 2010

  

  Analysts covering Brazil’s economy raised their forecast for GDP growth this year to 7.34%, according to a central bank survey. Economists held their 2011 economic growth forecast unchanged at 4.5%, according to the median estimate in a survey of 100 analysts taken September 3 and published Monday.

• Saturday, August 14th 2010 - 03:07 UTC

  “Inflation expectations” gear Brazilian central bank rates policy

  

  Brazilian central bank President Henrique Meirelles said analysts were surprised by a smaller- than-expected interest rate increase in July because they misunderstand signals sent by policy makers beforehand.

• Thursday, July 22nd 2010 - 10:18 UTC

  Brazil anticipating ‘external factors recent evolution’ eases interest rate policy

  

  Brazil’s central bank signalled it may stop raising interest rates soon after policy makers unexpectedly slowed the pace of increases and said inflation was less of a threat amid slowing global growth.

• Saturday, May 1st 2010 - 01:07 UTC

  Brazilian Central Bank Purchases Dollars to Limit Gains in the Real

  

  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%

  

  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

  

  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.