Brazil's central bank raised interest rates by 50 basis points on Wednesday in a sixth straight hike that pushed borrowing ...

Brazil's Central Bank (BCB) and the People’s Bank of China (PBoC) signed a currency swap agreement Tuesday worth R$ 157 ...

Brazil’s central bank said on Tuesday it sees clear signs that its aggressive monetary tightening cycle is working, with the ...

The Central Bank of Brazil (BCB) has delivered another rate hike, as inflation remains above target and the country’s economy ...

Brazil’s annual inflation picked up roughly in line with forecasts last month, offering little relief to central bankers who ...

Brazil's central bank said Monday it will sign a currency swap agreement with the People's Bank of China, with a maximum ...

Board members led by Gabriel Galipolo unanimously lifted the Selic to 14.75% on Wednesday, as expected by nearly all ...

This was the sixth increase in a row. The rate is at its highest level since August 2006, when it was also at 14.75 percent.

The bank raised its Selic benchmark to 14.75% from 14.25%, after three consecutive full-point increases.

Brazil’s central bank announced it would be signing a 157 billion reais ($30 billion) five-year currency swap agreement with the People’s Bank of China.

Brazil's central bank raised interest rates at a slower pace, as consumer prices remain above target and economic growth is expected to slow down.