Brazil's central bank will raise its benchmark interest rate by 100 basis points on Jan. 29, with more to increases follow, ...

Brazil closed 2024 with a current account deficit equivalent to 2.55% of gross domestic product (GDP), the central bank said ...

Economists have launched a fresh wave of upward revisions to projections for Brazil's interest rate this year, citing ...

What Happened: The Brazilian real has dropped nearly 22% against the U.S. dollar this year, according to Bloomberg. The country’s central bank, which spent some $20 billion in reserves over the ...

BRASILIA (Reuters) -The Brazilian central bank's economic policy director said on Monday the country's fiscal outlook still requires attention, even though the 2024 primary budget target had ...

SAO PAULO: Brazil’s central bank is reinforcing its pledges of two more full percentage point hikes, amid a more adverse scenario where annual inflation remained stubbornly above target ...

On Monday (Dec. 30), President Luiz Inácio Lula da Silva formally signed Gabriel Galípolo´s instrument of appointment as the new president of Brazil´s Central Bank for the 2025-2028 term ...

Investors already concerned about Brazil's ballooning public debt load under veteran leftist President Luiz Inacio Lula da ...

Paysafe Limited (NYSE:PSFE) has obtained approval from the Central Bank of Brazil for a payment institution license for the ...

This is the lowest level since the data series began in 2012. In response to these economic conditions, Brazil's central bank raised interest rates to 12.25% this month. The bank also indicated plans ...

(Bloomberg) -- Brazil’s central bank reinforced its pledges of two more full percentage point hikes, amid a more adverse scenario where annual inflation remained stubbornly above target. Policymakers ...