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 ?
Ilan Goldfajn, governor of the Central Bank of Brazil, has been named central banker of the year by British magazine, The Banker.
Araujo, Eurilton, Fucape Business School and Central Bank of Brazil, Brazil
At this exact moment, the private-sector behaviour has been mainly driven by developments related to domestic political events, which have outweighed economic factors," Alexandre Tombini, president of the Central Bank of Brazil, said Friday at the spring meetings of the International Monetary Fund in Washington.
BANKING AND CREDIT NEWS-April 21, 2015-Nomura names deputy governor to Central Bank of Brazil
M2 EQUITYBITES-April 21, 2015-Nomura names deputy governor to Central Bank of Brazil
63 billion) to enhance lending and boost liquidity, the Central Bank of Brazil has announced a reduction in reserve requirements.
The Governor of the Central Bank of Brazil, Alexandre Tombini said: "Past crises suggest you have to confront the problems in a fast, consistent manner .
Brazilian newspaper Valor Economico has said that the central bank of Brazil is encouraging bigger banks in the nation to buy smaller banks in trouble.
According to Bloomberg, industry observers feel that the central bank of Brazil may hold its interest rate.
Sponsoring organizations are the following: Bank of Algeria, National Bank of Belgium, Central Bank of Brazil, Bank of Canada, People's Bank of China, Bank of England, European Central Bank, Bank of France, Deutsche Bundesbank, Bank of Greece, Hong Kong Monetary Authority, Central Bank of Iceland, Bank of Italy, Bank of Japan, Netherlands Bank, Norges Bank, Bank of Portugal, Central Bank of Russian Federation, Monetary Authority of Singapore, Bank of Spain, Sveriges Riksbank, Swiss National Bank, Central Bank of Turkey, Federal Reserve Board, and Bank for International Settlements.
Arminio Fraga Neto, Gavea Investimentos, and former President, Central Bank of Brazil
The Central Bank of Brazil has issued new rules regarding bank check transactions by financial institutions.

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