Brazil
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.
Strauss-Kahn and Tosovsky vie for top IMF job
Dominique Strauss-Kahn, the former French finance minister, and Josef Tosovsky, the head of the Financial Stability Institute, are the only two candidates for the top job at the International Monetary Fund (IMF).
Brazil makes 17th consecutive rate cut
Brazil's central bank made its 17th consecutive cut in the overnight lending rate on July 18, as inflation continued to be kept in check by the strong exchange rate.
Australia also wants wider net for Fund leader
Peter Costello, the Australian federal treasurer, has joined the international chorus urging a departure from tradition in the selection of the next head of the International Monetary Fund.
Choose Fund head on merit - Colombia's Uribe
Jose Dario Uribe, the governor of the central bank of Colombia, says it is still too early to select a candidate to head the International Monetary Fund (IMF) to succeed Rodrigo de Rato, who will leave the Fund in October.
Brazilian CB raises growth outlook
Brazil's central bank raised its economic growth forecast as 16 consecutive rate cuts and low inflation fuels consumer spending.
Brazil extends inflation target of 4.5% to 2009
The National Monetary Council of Brazil has extended the central bank's annual inflation target of 4.5% to 2009, which it says will provide policymakers with the "flexibility" to deal with unexpected price increases.
Brazil cuts lending rate to record low of 12%
Following the recovery of the Brazilian currency, which has held inflation at an eight-year low, the central bank lowered the benchmark lending rate by half a percentage point to a record low of 12%.
Brazil continues intervention policy
The Central Bank of Brazil will continue its policy of buying American dollars on the spot market to bolster its foreign exchange reserves.
Henrique Meirelles: central banking natural
This article, from the International Herald Tribune, says Henrique Meirelles, the governor of the Central Bank of Brazil, has quickly mastered the central bankers' art of elusive communication.
IMF's Rato at the MIT Latin Conference
In a speech given on 27 April Rodrigo de Rato of the IMF said Latin America's future is not entirely in its own hands.
IMF's Rato on Latin American economies
In a speech given on 2 May Rodrigo de Rato of the IMF said the economies of the Americas are increasingly linked, by financial flows, by trade, and by common interests.