Tag: central bank

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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 ...

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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, ...

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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 ...

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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 ...

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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, ...

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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 ...

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Brazil Betting Foreigners Will Invest US$ 33 Billion This Year

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

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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 ...

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Brazilian Banks Grow 130% Charging Customers 74 Different Fees

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

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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 ...