End-of-Year Forex Stays Stable for Brazil Despite U.S. Elections
The forecast for the foreign exchange rate in Brazil at the end of the year, is at R$3.20/US$1, while inflation...
November 7, 2016Topic
Central Bank
Brazil’s Central Bank Cuts Selic to 14 Percent/Year
According to Copom members the reversal of the upward trend of food prices was more favorable than previously anticipated.
October 20, 2016
Brazil Increases Inflation Forecast for 2016 to 7.3 Percent
The country's Central Bank, however, calls for inflation to fall within established target in 2017 and 2018.
September 27, 2016
Foreign Agencies Improve Brazil’s GDP Forecasts for 2016/2017
The less pessimistic outlooks are in line with what economic analysts in Brazil are also forecasting for the country's Gross...
September 21, 2016
Markets Up, Dollar Down During Brazil’s Rousseff Impeachment Trial
In addition to the impeachment trial the exchange rate and Brazilian bourse were also influenced by possible increases in US...
August 30, 2016
Foreign Visitors to Spend US$200 Million in Brazil During Olympics
Revenues from foreign visitors during the first six months of the year total more than US$3.1 billion.
July 27, 2016
IMF Calls for Brazil to Reform and Increase Taxes
The IMF calls the country not only to decrease expenditures but to increase taxes and continue to conduct structural reforms.
July 22, 2016
IMF Improves Brazil’s GDP Outlook for 2016 and 2017
According to the international organization, although Brazil's outlook is better, economic growth should only be seen in 2018.
July 20, 2016
Brazil’s Real Closes at R$3.23 to Dollar in 11-Month High
Brazilian stock market also rose, by 1.99 percent, while May's primary deficit was the worst in fifteen years.
June 30, 2016