Brazil’s Central Bank maintains interest rate at 13.75% per annum for the fifth consecutive time
The Monetary Policy Committee (Copom) of the Central Bank decided on Wednesday, in its second meeting of the year, to...
March 23, 2023Topic
Brazilian Central Bank
Brazil begins trials for its own CBDC, the digital real
Brazil yesterday started the pilot project to create the digital real, the country's future official virtual currency (CBDC), the Central...
March 7, 2023
President of Brazil’s Central Bank opposes revising inflation targets and lowering interest rates
The president of the Central Bank of Brazil, Roberto Campos Neto, ratified yesterday, Tuesday, his opposition to revising the inflation...
February 15, 2023
Interest on the revolving credit card in Brazil pass 400% per year
The average interest rate charged by banks on the revolving credit card in 2022 rose 13.9 percentage points from November...
January 29, 2023
After Lula’s criticism of central bank independence, future interest rates skyrocket
Futures interest rates started high this Thursday, Jan. 19, after criticism from president Luiz Inácio Lula da Silva (PT, progressive
January 19, 2023
Brazil: Pix transactions changes come into effect; know what they are
A series of changes to the Brazilian Pix system begin to apply this Monday (2). Check out what the seven...
January 2, 2023
Brazilian government accounts register deficit of US$2.8 billion in November
The Brazilian Government accounts recorded a deficit of R$14.7 billion (US$2.8 billion) in November, ending two consecutive months
December 29, 2022
Probability that inflation in Brazil will be above target in 2023 is 57%, says Central Bank
The Central Bank (BC) said on Thursday (Dec. 15) that the probability of Brazilian inflation being above the target in...
December 15, 2022
Brazil’s GDP forecast drops 0.05% in October, says Central Bank
The Gross Domestic Product (GDP) forecast, measured by the Central Bank's IBC-Br (Economic Activity Index), dropped 0.05% in
December 14, 2022