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Central Bank of Brazil

Bank Name In LocalBanco Central do Brasil
Image 1BSB-BancoDoBrasil.JPG
HeadquartersBrasília, Brazil
Coordinates 
EstablishedDecember 31, 1964
PresidentAlexandre Tombini
Leader TitlePresident
Bank OfBrazil
CurrencyBrazilian real
Currency IsoBRL
Borrowing Rate12.00%

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Brazilian Central Bank (Portuguese: Banco Central do Brasil) is Brazil's highest monetary authority in, and the country's governing body in, finance and economics. It was established on December 31, 1964.

The Central Bank is linked with the Ministry of Finance. Like other central banks, the Brazilian central bank is the principal monetary authority of the country. It received this authority when it was founded by three different institutions: the Bureau of Currency and Credit (SUMOC), the Bank of Brazil (BB), and the National Treasury.

One of the arms of Brazil's monetary policy is the Banco Central do Brasil's SELIC rate.

Central Bank of Brazil Video

..."Austerity" is one of those Orwellian terms that has been injected into our political discourse precisely because it is a nice-sounding word for a very painful reality. "Austerity" implies discipline, self-restraint, even nobility. "Austerity" is prudent. "Austerity" is modest. "Austerity" is a virtue. It is an end in itself. If the IMF or the European Central Bank come to the people of a collapsing European nation and tell them to sacrifice their pensions and their savings and their very standard of living all for a debt that their government has fraudulently racked up in their name, no one would go for it, and rightly so. But tell those same people that they need to implement "austerity measures" in order to "get back on their feet" economically, and many will be willing to live in the harshest of conditions, content to put up with the dismantling of their nation itself in the vain hope that by giving more power to the international financial institutions they can somehow avoid economic collapse...
8.00 min. | 4.75 user rating		 Oct. 7 (Bloomberg) -- Todd Elmer, head of G-10 currency strategy at Citigroup Inc., talks about the outlook for global currencies. The dollar traded near a 15-year low against the yen amid growing expectations the Federal Reserve will expand credit easing steps to sustain the US recovery. The euro was close to an eight-month high against the greenback as yields on benchmark US debt dropped to the lowest level since January 2009. Elmer also discusses China's currency policy and Bank of Japan monetary policy. He speaks with Rishaad Salamat on Bloomberg Television's "On the Move Asia." (Source: Bloomberg)
3.83 min. | 0 user rating		 buy physical silver : silveristhenew.wordpress.com and storable food : bit.ly June 27 (Bloomberg) -- Stephen Cecchetti, Monetary and Economic Department head at the Bank for International Settlements, discusses the BIS's annual report published yesterday. The BIS said that central banks need to start raising interest rates to control inflation and may have to act faster than in the past. Cecchetti speaks with Deirdre Bolton on Bloomberg Television's "InsideTrack." (Source: Bloomberg)
3.48 min. | 5.0 user rating		 April 7 (Bloomberg) -- Michael Novogratz, principal and director of Fortress Investment Group LLC, talks about the European Central Bank's decision to raise the benchmark interest rate to 1.25 percent from a record low of 1 percent, the outlook for equity markets and his investment strategy. Novogratz speaks with Betty Liu, Sara Eisen and Jon Erlichman on Bloomberg Television's "In the Loop." (Source: Bloomberg)
10.47 min. | 0 user rating		 Interview with Mardilson Queiroz, Payments Consultant at the Central Bank of Brazil on the regulators approach to mobile payments deployment in Brazil, the main players in the Brazilian mobile payments market and his opinion of the Mobile Money Transfer (MMT) Americas event, which took place 21-24 March 2011, Sao Paulo, Brazil. The interview with Mardilson Queiroz was carried out at MMT Americas 2011 Conference and Expo, visit www.mobile-money-transfer.com/americas for more information.
2.87 min. | 5.0 user rating
Aug. 4 2011 Bloomberg -- Tohru Sasaki, the Tokyo-based head of Japan rates and foreign-exchange research at JPMorgan Chase & Co., talks about the yen. The currency weakened against all its major peers after Japan intervened in the foreign-exchange market for the first time since March to stem gains in the yen that threaten the nation's economic recovery. Sasaki speaks with Rishaad Salamat on Bloomberg Television's "On the Move Asia."
4.42 min. | 0 user rating		 Apr 6 2011 Bloomberg -- Dariusz Kowalczyk, senior economist at Credit Agricole CIB, discusses the outlook for China's economy, inflation and the yuan after the fourth interest-rate increase in less than six months. He talks with Linzie Janis from Hong Kong on Bloomberg Television's "Countdown."FAIR USE NOTICE: This video may contain copyrighted material. Such material is made available for educational purposes only. This constitutes a 'fair use' of any such copyrighted material as provided for in Title 17 USC section 107 of the US Copyright.
4.17 min. | 0 user rating

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Volcker Rule? JPMorgan Just Bought a $6 Billion Brazilian Hedge Fund - CNBC Tweet this news
CNBC--The $6 billion hedge fund founded by the former head of the -central bank of Brazil- will be owned through JP Morgan's own hedge fund, Highbridge Capital ... - Date : Wed, 27 Oct 2010 20:32:39 GMT+00:00
Brazil's Meirelles: Central Bank Attentive To Bubbles - Estado - Wall Street Journal Tweet this news
Wall Street Journal--BRASILIA (Dow Jones)---Brazil's central bank- is attentive to the risk of bubbles forming in the local economy and has taken precautionary measures to avoid ... - Date : Thu, 28 Oct 2010 19:33:09 GMT+00:00
Brazil Real Closes Stronger As Dollar Loses Globally - Wall Street Journal Tweet this news
Wall Street Journal--Rates are likely to remain stable longer than previously expected because of a mildly dovish report Thursday by the -Central Bank of Brazil-. ... - Date : Thu, 28 Oct 2010 18:57:43 GMT+00:00

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