Budget 2021 may cause “shutdown” in the Brazilian economy
The Minister of Economy, Paulo Guedes, warned President Jair Bolsonaro that the 2021 budget would be "unfeasible" with the accounting...
March 28, 2021Topic
Central Bank
Brazilian Real (R$) falls over 2% as spiraling pandemic undermines outlook
The dollar jumped 2.20% on Wednesday and recorded the highest daily rise in six months, back above R$5.60, in a...
March 25, 2021
Brazil no longer has fiscal room for public investment, says Frischtak
Economist Cláudio Frischtak is considered one of the biggest names in Brazil when it comes to infrastructure.
March 12, 2021
Association denounces cryptocurrency brokerage firm to Central Bank, CVM and Prosecutors
RIO DE JANEIRO, BRAZIL - The Brazilian Cryptoeconomy Association (ABCripto) said on Friday, March 5th, that it has requested the...
March 6, 2021
Peruvian Central Bank maintains benchmark interest rate at 0.25%
The Board of Directors of the Central Reserve Bank of Peru (BCR) decided to continue its expansionary monetary policy, maintaining...
February 12, 2021
Brazil’s Congress passes law giving Central Bank autonomy
Brazil's Congress passed a bill Wednesday, February 10th, giving autonomy to the central bank, as President Jair Bolsonaro moved to...
February 10, 2021
Dollar soars as Real’s performance worsens amid fiscal risks
The dollar closed up on Tuesday, with the market showing concerns of more public spending with no fiscal compensation. This...
February 9, 2021
U.S. fiscal stimulus package could impact interest rates in Brazil
With a new fiscal stimulus package about to be approved, the risk of premature withdrawal of monetary stimulus in the...
February 9, 2021
Brazil’s Economic Growth Forecast Falls For the Eighth Consecutive Time
Financial institutions in Brazil reduced on Monday the country’s economic growth forecast for the eighth consecutive time this year, showed...
April 23, 2019