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Central Bank of Brazil (BCB)

Basel-based CPSS broadens membership

Central banks of Australia, Brazil, China, India, Mexico, Russia, Saudi Arabia, South Africa and South Korea to join the Committee on Payment and Settlement Systems (CPSS)

Brazil goes for diversification

Isabela Damaso, who manages the strategic risk function, and Márcio Ayrosa, head of the front office, explain how reserve management is changing at the central bank as a result of the unprecedented growth in reserves during 2007.

Brazil cb COPOM Minutes15/16 June

The Banco Central Do Brasil has published the minutes of the 97th meeting of the Monetary Policy Committee (COPOM), 15 and 16 June. Recent economic activity indicators confirm the continuity of the economic rebound process initiated in the second quarter…

Brazil c bank lowers reserve requirements to 45%

Brazil's central bank lowered bank reserve requirements on demand deposits by 15% on Friday. 8 August, according to Agencia Estado. The bank said that "the measure was possible because monetary policy has made inflation converge to targets".

Brazil c bank staff strike, trading system crashes

A strike on Wednesday 23 July saw workers stay away from the central bank of Brazil as employees protested at planned cuts to pension benefits, according to a Bloomberg report. In what was described as an unrelated event, the computer system for bond and…

Brazil c bank to upgrade credit system in 90 days

The central bank of Brazil's upgraded credit information system will gather information about all loans above 5,000 reais (US$1,760), compared to a minimum of 20,000 reais in the current system, according to Business News America. It will also bring a…

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