Brazil's central bank held its benchmark interest rate steady on Wednesday, pausing an aggressive tightening cycle after ...

Brazil’s Central Bank interrupts the cycle of Selic rate increases after seven hikes. The decision was influenced by falling ...

The Pix instant payment system is used by nearly everyone in Brazil, from street vendors to major retailers. In a recent ...

Brazil's central bank held its benchmark interest rate steady on Wednesday, pausing an aggressive tightening cycle after ...

After seven consecutive hikes, the bank kept the Selic rate at 15% as signs of an economic slowdown emerge.

Brazil central bank is likely to keep its base Selic interest rate on hold at 15.% on July 30, keeping its tightest monetary ...

Brazilian banks are scrambling to assess the domestic fallout from sweeping U.S. sanctions against a Supreme Court justice ...

Brazil's National Monetary Council (CMN), the country's top economic policy body, approved on Friday fresh rules for the contributions that financial institutions associated with the country's Credit ...

Brazil has a new instant payment system, which is backed by the central bank. It is called Pix. Majority of Brazilians are ...