Brazil Cuts Selic to 7.5 Percent, Second Lowest in History
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Brazil’s Central Bank lowered the country’s benchmark interest rate (SELIC)...
October 26, 2017Topic
Central Bank
U.N. Agency Forecasts 0.4 Percent GDP Growth for Brazil in 2017
ECLAC pointed out the need for macroeconomic policies to enable long-term growth and the need to increase public revenues as...
August 4, 2017
Brazil Cuts Selic to 9.25 Percent, Lowest Since 2013
The country's benchmark interest rates is now at its lowest level in four years.
July 27, 2017
Brazil Freezes R$600,000 of Ex-President Lula’s Assets
In addition to the freezing of bank accounts officials seized two vehicles and Lula’s participation in four other apartments in...
July 20, 2017
Brazil Announces New Limits for Large Cash Withdrawals
Central Bank established that any cash withdrawal over R$50,000 must be registered with the Financial Activities Control Council (COAF).
June 29, 2017
World Bank Forecasts 0.3 Percent Economic Growth for Brazil
The financial market is more optimistic, forecasting growth of 0.5 percent due to the positive GDP growth results for Q1/2017.
June 6, 2017
Brazil Reduces Selic to Lowest Level in Over Three Years
The Monetary Policy Committee however does not expect high reduction levels from now on due to political turbulence.
June 1, 2017
Current Accounts Positive in Brazil, Best April in 10 Years
Positive by US$1.15 Billion, Central Bank says political turmoil will not derail country's economy.
May 24, 2017
Market Plunges in Brazil, Dollar Surges Amidst Political Turmoil
São Paulo's Ibovespa registers the steepest daily decline since 2008 and U.S. dollar registers the largest daily appreciation against Brazilian...
May 19, 2017