Brazil
SA's Mboweni challenges IMF and World Bank
Tito Mboweni, the governor of the South African Reserve Bank, has lashed out at the Bretton Woods institutions, labelling them vehicles for developed economies to control developing and emerging-market countries.
Brazil's Meirelles: corporate governance challenge
Setting high standards of corporate governance is trickier in Brazil than in more mature economies, said Henrique Meirelles, the governor of the Central Bank of Brazil.
Brazil's Meirelles: tightening will continue
The Central Bank of Brazil is committed to bringing inflation to the 4.5% midpoint of its inflation target during 2009, said Henrique Meirelles, the governor of the central bank in a recent speech.
Brazil hikes but hints tightening may moderate
The Central Bank of Brazil raised its key rate by 75 basis points for the second-straight vote on Wednesday, but looks likely to back smaller hikes in the coming months.
Monetary transmission - markets compared
Monetary transmission mechanisms in emerging markets work with a shorter time lag than those in developed countries, according to a new research from the International Monetary Fund.
Brazil's Lula defends central bank's independence
Luiz Inacio Lula da Silva, the president of Brazil, has underlined his support for the central bank's autonomy after the institution decided last week to make its biggest rate hike in more than five years.
Brazil shocks markets with rate spike
The Central Bank of Brazil on Wednesday confounded analysts' expectations, opting to increase its benchmark Selic rate by 75, not 50, basis points.
Central Bank of Brazil minutes
Rate setters in Brazil were unanimous in their decision to raise the Selic target to 12.25% p.a., the minutes of the 3 and 4 June monetary policy committee meeting show.
Brazil may fast-track SWF law
Brazil's finance minister on Monday said that the country will set up a sovereign wealth fund in spite of recent reports that the country's president may reject the plans.
Brazilian SWF: on or not?
The status of the Brazilian plans to establish a sovereign wealth fund has become clouded following reports of conflicting views in the government.
BIS starts Americas council
The Bank for International Settlements (BIS) has established a forum aimed at facilitating debate between the Basel-based institution and policymakers in the Americas.
Achieving cost effectiveness: Brazil's experience
The Central Bank of Brazil has published a detailed case study on how it implemented a new system of identifying and monitoring costs.
Brazil exceeds expectations with half-point hike
The Central Bank of Brazil raised rates by half a point on Wednesday to 11.75%, a move which surprised most analysts.
Monthly inflation falls in Brazil, yearly rate up
Brazilian inflation slowed for the second straight month in February despite interest rates remaining at an all-time low.
Brazil bank robber gets 49 years
The leader of a gang that stole $67.8m from the Central Bank of Brazil has been sentenced to almost half a century in jail.
Activity-based costing: a case study
José Clovis Batista Dattoli and Henrique Flávio Rodrigues da Silveira review the Brazilian central bank’s adaptation of a textbook costing system.
Brazil rates remain at 11.25%
The Central Bank of Brazil's rate-setting board on Wednesday voted unanimously to keep the benchmark Selic rate at 11.25%.
Research shows dollarisation and rates link
Since the adoption of inflation targeting and a floating exchange rate in 1999, real interest rates in Brazil have fallen as levels of dollarisation in the economy have dropped, research published by the International Monetary Fund finds.
Inflation behind first Brazil hold in two years
Fears that economic growth could lead to inflation were behind the Central Bank of Brazil's decision to hold rates for the first time since July 2005 earlier this month, minutes published on Thursday reveal.
Brazil holds rates at record low
The Central Bank of Brazil decided to keep its benchmark Selic rate at 11.25% today as growth and inflation accelerated. It is the first time in 18 meetings that the central bank has voted against a rate cut.
Wellink calls for speedy ABN break-up
Nout Wellink, the governor of the Netherlands Bank, has urged the three banks who have taken over ABN AMRO to quickly implement their plans to break it up.
Stiglitz praises Chavez's "Bank of the South"
Joseph Stiglitz, a former World Bank chief economist and Nobel laureate, commended plans put forward by Venezuela's president Hugo Chavez for a regional lender for Latin America.
World Bank to invest $5 billion in bonds for poor
The World Bank will set up a $5 billion fund to invest in bonds denominated in currencies of poor nations.
Rules found to hinder remittance payments
Regulatory compliance is the main barrier to doing business in the area of workers' remittance payments, according to a poll of Sibos delegates.