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3 results for “Central Bank data”

Brazil’s Central Bank Data Shows PIX Transactions Plummet 10% After Betting Ban
Markets• 3h ago

Brazil’s Central Bank Data Shows PIX Transactions Plummet 10% After Betting Ban

The volume of instant payment transactions fell sharply in Brazil after the government banned sports betting, revealing the industry's massive scale.

International Investors Pull Nearly $6 Billion from Brazil in Early September
PROCurrencies• Sep 23

International Investors Pull Nearly $6 Billion from Brazil in Early September

Preliminary Central Bank data shows a net negative foreign exchange flow of US$5.987 billion in the first 11 days of September, driven almost entirely by the financial channel.

Brazil’s Real Stability Relies Entirely on Trade Boom as $21 Billion Capital Flight Continues
Currencies• Aug 23

Brazil’s Real Stability Relies Entirely on Trade Boom as $21 Billion Capital Flight Continues

A massive trade surplus is the sole support for the Brazilian Real, masking a $21.2 billion financial capital flight from the country, Central Bank data shows.