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, 2016Topic
Central Bank
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
Central Bank of Brazil’s Quarterly Report Continues Gloomy
The Brazilian authority was slightly more optimistic about the country’s growth, reducing the negative growth forecast for Brazil’s GDP this...
June 28, 2016![]](https://www.riotimesonline.com/wp-content/uploads/2014/06/consumer-demand-declines-photo-e1420549622912.jpg)
Inflation Forecasts in Brazil for 2016 Rise Once Again
Inflation estimates rise slightly, while end-of-year GDP results remain negative and benchmark interest rate continue high.
June 27, 2016
Brazil Maintains its Benchmark Interest Rate Unchanged
For the seventh consecutive meeting, the Monetary Policy Committee (COPOM) decided to leave the benchmark interest rate (Selic) unchanged at...
June 9, 2016
Brazil Announces New Central Bank President
Along appointing market friendly economist for Central Bank Meirelles announced that the government would seek formal technical autonomy for the...
May 17, 2016
Brazilian Tourists Spend 62 Percent Less Abroad in January
With the depreciating currency and new tax, foreign expenses by Brazilians traveling abroad decreased their spending by 62 percent.
February 24, 2016Savings Accounts in Brazil Register Record Withdrawals
Savings accounts in January registered the largest overall net monthly withdrawal since 1995.
February 5, 2016
U.S. Dollar Falls to Lowest Rate of Year in Brazil
The U.S. currency fell to its lowest rate in 2016 relation to the Brazilian real despite the prospect of another...
February 4, 2016