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Showing 1 - 5 of 5 results for "Banco Central do Brazil"

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 24 MAR 2016
... (the US$ now buys less only 3.68 reals, it was fetching 4.18 reals in September last year) - the best the Banco Central do Brazil could do was keep interest rates on hold because of high inflation. The central bank kept benchmark SELIC rate unchanged ...

Brazilian CB might need to stop shaving

BENJAMIN ONG  |  THURSDAY, 28 FEB 2013
... same period, Russia expanded by 3.4%, India by 2.8% and China by 7.4% (7.9% in the December quarter). The Banco Central do Brazil estimates that the country grew by just 1.0% for all of last year - nearly a third of the 2.7% recorded in 2011 and just ...

More jobs, more jobless

BENJAMIN ONG  |  FRIDAY, 12 OCT 2012
... reasons behind yesterday's interest rate reductions by the central banks of Brazil and South Korea. The Banco Central do Brazil cut the Selic rate by 25bps to 7.5% -- the lowest since December 1997 - and promised to keep policy settings stable for a ...

Put up or shut up

BENJAMIN ONG  |  WEDNESDAY, 5 SEP 2012
... economy has slowed more than the other BRICs - has done and is doing to reverse the slide in activity. The Banco Central do Brazil has gone full blast on monetary policy accommodation, cutting interest rates by 50 basis points to a record low 7.5% in ...

BRIC slows on Europe woes

BENJAMIN ONG  |  TUESDAY, 19 JUN 2012
... domestic economies. Note, for instance, that Brazil and India's growth have slowed the most because the Banco Central do Brazil and the Reserve Bank of India had been the most aggressive in tightening monetary policy over the past couple of years. Both ...
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