Brazilian tourist spending abroad totaled US$1.235 billion in April – Central Bank
Brazilians spent US$1.235 billion in April on international travel, against US$1.098 billion in the same month of 2022, according to...
May 27, 2023Topic
Central Bank (BC)
Brazil’s Central Bank updates rules to allow international transfers of up to US$10,000
Transfers can be made between the same client's accounts in Brazil and abroad, as well as to third parties. For...
September 10, 2021
Dollar and interest rate futures rise in early trading; Brazil risk and services data key
The dollar and the interest rate futures are posting rises on Thursday, as financial markets reflect the suspension of the...
August 12, 2021
Financial market raises Brazil’s SELIC projection to 7.25% in December
After Brazil's Central Bank's (BC) Monetary Policy Committee (COPOM) raised the SELIC rate from 4.25% to 5.25% per year last...
August 9, 2021
Total loans in Brazil swelled to US$300 billion in one year; open banking promises more growth
Demand for credit by individuals increases and open banking widens prospects for both borrowers and lenders.
July 5, 2021
“Brazil’s large banks are not idle and profitability grows” – Moody’s
A stronger economy, diversified operations, rising interest rates, and cost cutting all contribute to better returns.
June 28, 2021
Government debt in Brazil reaches 90% of GDP for the first time
The gross government debt in Brazil rose from R$6.670 trillion in January to R$6.744 trillion in February, according to data...
March 31, 2021
Swiss wealth manager Lombard Odier sets up private banking structure in Brazil
Swiss wealth manager Lombard Odier enters Brazil's private banking market. How European firms target Latin America's wealthy clients. Expert coverage...
March 29, 2021
Brazil spent more abroad than it received in February
Brazil registered a current account deficit of US$ 2.326 billion in February, as reported this Friday by the Central Bank...
March 26, 2021