Central Bank of Brazil

(redirected from Brazilian Central Bank)

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 ?
The US National Security Agency also spied on several Brazilian Finance Ministers and even the Governor of the Brazilian Central Bank, it appears from the release.
In Sydney, Brazilian central bank President Alexandre Tombini said Yellen "herself said that obviously they are looking at the international situation to define their policies.
The Brazilian Central Bank said Brazilians spent a record $18.
Saxo Bank is expanding its Latin American footprint by opening a new office in Sao Paulo, Brazil after being granted a licence by the Brazilian central bank.
The Brazilian central bank expects the economy to expand by 3.
Our interest is not to establish new relations with China, but to expand relations to be used in the case of turbulence in financial markets," Brazilian Central Bank Governor Alexandre Tombini said, (http://www.
BNY Mellon, the global leader in investment management and investment services, has been granted a commercial banking license by the Brazilian Central Bank that will enhance the company's securities servicing capabilities in the country.
Yes, but the positive current situation is due to the action taken by the Brazilian Central Bank to overcome the recurrent financial turmoil that affected Brazilian financial markets, beginning with the Mexico crisis of 1994, followed by the Asian crises of 1997, the Russian crisis of 1998 etc.
Following the huge stimulus provided by the Brazilian Central Bank and supportive government policies, Del Drago argued that Brazil's real interest rates are now below their neutral level.
Brazil's experience with past crises suggests you have to confront the problems in a fast, consistent manner," said Brazilian central bank chief, Alexandre Tombini.
The opening session of Cityscape Latin America 2011 will present a comprehensive outlook of the Brazilian Economy, conducted by former presidents of Brazilian Central Bank Henrique Meirelles and Gustavo Franco, the economic policy secretary at the Brazilian Finance Ministry Marcio Holland, Bradesco Bank director of loans and financing Octavio de Lazari Jr.

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