Central Bank of Brazil (BCB)
Brazil c bank raises key interest rate to 22 pct
After a sharp increase in rates by three percent, which we reported just last month, the Banco Central Do Brasil has again raised interest rates. This time a more modest rise of one point was signalled by the central bank. Inflation is a concern with…
Brazil's central bank plans new payments system
BRAZIL - The Central Bank of Brazil will put in place a new payments system for large transactions, Sistema de Pagamentos Brasileiro, in 2002, following guidelines from the Basel-based Bank for International Settlements.
The Brazilian Supervisory Framework - Developments
RESEARCH - Brazil's central bank, Banco Central Do Brasil, has recently published a paper tiltled 'Recent Developments in the Brazilian Supervisory Framework - Consolidated Supervision in Brazil.'
Decentralized Portfolio Management
RESEARCH - Paulo Coutinho and Benjamin Miranda Tabak at the Central Bank of Brazil have produced an article titled Decentralized Portfolio Management. It is part of the Bank's Working Paper series, June 2001.
Brazil c-bank may transfer liquidation admin
BRAZIL - The central bank of Brazil is involved in a debate on transferring the administration of financial institutions in liquidation from the Central Bank to the Credit Guarantee Fund (FGC).
Central bank of Brazil confirms fraud
BRAZIL - After more than a year and a half of investigations, the Brazilian Central Bank now claims it has proof of white collar crime in the management of the now extinct bank Bamerindus.
Brazil hikes interest rate 50 bp to 16.25 pct
BRAZIL - Brazil's Central Bank on Apr 18 said it was hiking its key Selic lending rate for the second month running to 16.25 percent from 15.75 percent, due to expected inflation pressures from a weakening currency.
Brazil cbank forecasts inflation at 4.8% in 2001
BRAZIL - Brazilian inflation, as registered by the IPCA index, should reach 4.8 percent in 2001, above initial forecasts but within government targets, the central bank said Mar 30, 2001.
BCB Fraga on the list of presidential candidates
Right-wing coalition PFL party president Jorge Bornhausen named Banco Central do Brasil chairman Arminio Fraga as a candidate for the 2002 presidential elections who could achieve unanimity between the government coalition.