BACEN financial definition of BACEN
Central Bank of Brazil (redirected from BACEN)
Also found in: Acronyms
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.