Central Bank of Brazil

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Central Bank of Brazil

The organization charged with issuing currency and regulating monetary policy. It is responsible for printing the Brazilian rial and for setting the overnight loan rate known as the SELIC. The Central Bank is informally called the Bacen. It was established in 1964.
References in periodicals archive ?
6713 Source: BACEN CONSOLIDATED FINANCIAL STATEMENTS (in millions) CONSOLIDATED BALANCE SHEET Brazilian Corporate Law ASSETS Sep.