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26/07/2017 at 18:59h

Interest rates drop for seventh time

The Brazilian Central Bank (BC) reduced the benchmark interest rates from 10.25% to 9.25% per year, below two-digit number for the first time in almost four years.

26/07/2017 at 17:29h

Central government deficit the worst ever

Weak revenue numbers were one of the reasons for the widest primary deficit on record for a first half in Brazil.

24/07/2017 at 13:04h

Inflation forecast from banks up

Financial market players estimate prices will have increased by 3.33% in Brazil at the end of this year. Last week’s projection had been 3.29%.

24/07/2017 at 12:57h

Public debt up 3.22% in June

Brazil’s Federal Public Debt widened to USD 1.06 trillion last month, up from USD 1.03 trillion in May, the National Treasury Service said in a report.

19/07/2017 at 13:57h

Federal revenues up 3% in June

Tax collection and contributions totaled BRL 104.1 billion (USD 33.34 billion), an increase over the same month of last year. Year-to-date until June, revenues went up 0.77%.

18/07/2017 at 18:36h

BNDES cuts disbursements by 16.6%

The Brazilian Development Bank approved BRL 33.5 billion (USD 10.73 billion) in loans in the year’s first six months.

14/07/2017 at 19:18h

Dollar ends the week below BRL 3.20

The North American currency registered the second consecutive weekly drop against the real, in the sharpest decline since December of last year.

12/07/2017 at 20:09h

Dollar down, stocks up with Lula’s sentencing

The North American currency ended the day at its lowest level since May 17. Bovespa ended today at the highest level since the same date.

06/07/2017 at 17:32h

Brazil sees net savings surplus for 2nd straight month

Net savings deposits reached USD 1.8 billion in June, the highest amount for the period since 2013. Year-to-date, withdrawals outweighed deposits.

05/07/2017 at 16:09h

Forex balance in deficit in June

Brazil’s dollar inflow surpassed the outflow in USD 4.3 billion last month, according to the Brazilian Central Bank.

05/07/2017 at 16:03h

Commodity prices remain flat

An index that tracks the costs of staple goods in Brazil dropped slightly by 0.02% in June from May. In the 12 months through June, however, the indicator slid by 4.6%.

29/06/2017 at 18:02h

Algeria’s forex reserves declining

The oil price slump and increasing imports have stemmed the influx of currency to the country. Foreign exchange reserves amount to USD 108 billion right now.