Tag: central bank

Despite Crisis Brazil’s Central Bank Posts Over US$ 1.3 Billion Profit

Brazil's Central Bank (BC) posted net profit of 3.173 billion Brazilian reais (US$ 1.366 ...

Minister Says Brazil Will Grow Way Over World Average in 2009

Henrique Meirelles, the president of Brazil's Central Bank (BC) stated this Friday, November 7, ...

Lucky Brazil to Have Such a Competent Helmsman Amid Global Financial Tempest

Much has been written about the subprime mortgage mess in the US, which has ...

Brazil Taps Money from US$ 207 Billion Foreign Reserves to Fund Exports

Henrique Meirelles, the president of Brazil's Central Bank (BC)announced Monday, October 6, that his ...

Inflation Fear Leads Brazil Central Bank to Raise Interest Rates by Steep 0.75%

The central bank of Brazil raised interest rates by 0.75% to 13% on Wednesday, ...

Brazil’s Lula Summons His Cabinet for Summit on Inflation Blues

According to Brazil's largest circulation daily, Folha de S. Paulo, Brazilian President, Luiz Inácio ...

Brazil Betting Foreigners Will Invest US$ 33 Billion This Year

Brazilian market analysts' projection for the ratio between net public debt and Gross Domestic ...

Brazil Raises Key Rate by 0.5% to 12.25% to Curb Inflation

The Brazilian Central bank raised its benchmark interest rate this week for the second ...

Brazilian Banks Grow 130% Charging Customers 74 Different Fees

A just-released Brazilian Central Bank report shows that over the last ten years Brazilian ...

Brazil’s Central Bank Chief Betting 2006 Will Be Very Good

The president of Brazil’s Central Bank (BC), Henrique Meirelles, calling 2005 a year of ...