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Tag: Banco Central
Brazil’s Instant Payment System, the Pix, Becomes a Heaven-sent Opportunity for Gangs
When a man approached Maria on Facebook, the 61-year-old Brazilian widow thought she might ...
Deteriorating Economy Leads Brazil to Cut Interest Rates by 1%
In a surprise move, Brazil's Central Bank (BC) decided today to cut by a ...
Central Bank Lowers Brazil’s 2005 GDP Estimate from 3.4% to 2.6%
Brazil’s Central Bank (BC) lowered its estimate for this year’s growth in the Gross ...
Good Political and Economic News in Brazil Helps Drag Market Up
Latin American markets were mixed, with Brazilian stocks edging up amid conflicting signals on ...