Brazil Central Bank Calls New Spot Auction as Currency Craters
Brazil’s central bank announced it would sell as much as $3 billion in a spot auction on Thursday, its fourth such ...
Brazil Central Bank Says Record Low Exchange Rate Is Fueling Inflation
Brazil’s central bank said inflation risks are materializing due to factors including a weaker currency and resilient demand, ...
Brazil currency faces volatility as Lula criticises rates, central bank intervenes
Brazil's currency faced a choppy market on Monday, opening sharply lower against the U.S. dollar after renewed criticism of ...
Brazil Central Bank Steps In to Cap Market’s ‘Unhinged’ Week
Brazil markets fell on Friday, capping a turbulent week for Latin America’s largest economy that saw its currency post some ...
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Brazil central bank vows to tame higher inflation expectations after fiscal package
Brazil's central bank said on Tuesday that the fiscal package recently announced by the government to rein in spending was ...
Brazil's central bank steps up tightening with 100 basis-point rate hike, signals more of the same
Brazil's central bank raised interest rates by 100 basis points on Wednesday, doubling the pace of tightening to tackle ...
Brazil currency hits record low amid ongoing fiscal woes
Market anxiety dragged Brazil's real currency to a historic low on Monday as significant central bank interventions again ...
Brazil Central Bank Holds Biggest Dollar Auction in 4 Years
Brazil’s central bank conducted its biggest dollar auction in the spot market since the first weeks of the pandemic on Monday ...
Brazil's central bank hikes more than expected, signals more tightening ahead
Brazil's central bank raised interest rates by a greater-than-expected 100 basis points on Wednesday and pointed to matching ...
Brazil’s Central Bank Intensifies Pace of Interest-Rate Increases
The steepening sequence of interest-rate increases contrasts with most other central banks, including the U.S. Federal ...
Brazil Fights Real Selloff With Two Dollar Auctions in a Day
Brazil’s central bank sold dollars on the spot market for the third time in less than a week on Tuesday as it struggles to ...
Brazil Traders ‘Sell First, Ask Later’ as Panic Hits Markets
First it was a collapse in the currency. Now the rest of Brazil’s financial markets are in the cross-hairs as investors lose faith in the government’s ability to contain a deepening fiscal crisis.Most ...