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Changes in Brazil’s foreign exchange regulations pave the way for PIX international

RIO DE JANEIRO, BRAZIL - The next steps for Pix, the Central Bank (BC) instant payment system, may include the implementation of the international PIX, which will enable real-time transfer of funds abroad from Brazil. The tool is under study, but the Central Bank should soon propose a number of changes in the exchange rules, aiming at the modernization of the exchange system and the introduction of new technologies such as this.

"The Central Bank has been . . .

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