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3 results for “Central Bank of Brazil (BCB)”

Brazil’s July FX Flow Turns Positive on Commercial Strength, Countering Real’s Political Headwinds
Currencies• Aug 06

Brazil’s July FX Flow Turns Positive on Commercial Strength, Countering Real’s Political Headwinds

Brazil logged a $1.938 billion net foreign exchange inflow in July, driven by trade, which offers a fundamental backstop to BRL volatility.

IMF Cites PIX as Financial System Driver, Validating Brazil’s Fintech and Crypto Regulation
Tech• Jul 27

IMF Cites PIX as Financial System Driver, Validating Brazil’s Fintech and Crypto Regulation

The IMF's latest report praises Brazil's PIX instant payment system for boosting financial inclusion and competition, while validating the new crypto framework.

BCB Modernizes FX Rules to Expand Foreign Currency Accounts
Currencies• Jul 23

BCB Modernizes FX Rules to Expand Foreign Currency Accounts

The Central Bank of Brazil (BCB) officially expanded access to foreign currency accounts, slashing cross-border transaction costs for global investors.