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3 results for “Brazilian Central Bank

Political Scrutiny Intensifies Over Banco Master Amid Probe into High-Level Connections
PROPolitics2h ago

Political Scrutiny Intensifies Over Banco Master Amid Probe into High-Level Connections

An ongoing Federal Police investigation into Banco Master and its former head, Daniel Vorcaro, is causing political fallout in Brasília as reports emerge of his ties to top judicial and political figures.

Brazil’s Central Bank Eliminates Contactless Pix Limit, Pressuring Banks to Modernize B2B Cash Management
PROTechSep 08

Brazil’s Central Bank Eliminates Contactless Pix Limit, Pressuring Banks to Modernize B2B Cash Management

The Brazilian Central Bank’s removal of the R$500 cap on contactless Pix transactions is forcing major banks to innovate corporate cash management services.

BCB FX Interventions Target Volatility and Market Functionality, Not Long-Term BRL Rate Level
CurrenciesJul 27

BCB FX Interventions Target Volatility and Market Functionality, Not Long-Term BRL Rate Level

The Brazilian Central Bank uses FX swaps and dollar repos to smooth price swings in the USD/BRL, maintaining a strict policy against determining the exchange rate level.