Brazil's Central Bank Faces Self-Inflicted Crisis on Interest Rates and Inflation Forecasts

Brazil’s central bank is facing an emergency of its own making that threatens to sabotage years of deft policy making and credibility gains.

BNN BloombergJun 17 07:19 ET

State Administration of Foreign Exchange: in May, banks completed CNY 1.25 trillion in foreign exchange purchases, and CNY 1.36 trillion in foreign exchange sales.

On June 17, the State Administration of Foreign Exchange released the data for May 2024 on bank foreign exchange transactions and bank customers' foreign exchange payment and receipt.

Zhitong FinanceJun 17 05:05 ET

Brazil Economic Activity Flatlines Ahead of Crucial Interest Rate Decision

Brazil’s economic activity stalled in April according to a report that comes days before central bankers are seen halting their almost yearlong cycle of interest rate cuts.

BNN BloombergJun 14 08:34 ET

UBS Previews Next Week's Central Bank Policy Meeting in Brazil

The Brazilian central bank (BCB) will decide on its policy next Wednesday, noted UBS.

MT NewswiresJun 14 08:19 ET

The People's Bank of China has just released the latest figures! From January to May, new social financing amounted to 14.8 trillion yuan, a year-on-year increase of 7% for M2.

RMB loans increased by 11.14 trillion yuan in the first five months, while RMB deposits increased by 9 trillion yuan.

Gelonghui FinanceJun 14 05:16 ET

Brazil Finance Chief's Star Fades as He Faces Worst Moment of Tenure

Haddad suffered a major blow Tuesday, when Senate leader Rodrigo Pacheco swatted down a proposal to limit tax credits to cover the cost of an exemption from payroll levies.

BNN BloombergJun 13 08:34 ET