The way brazillian government view economy
The US currency rose 0.08%, selling at R$ 4.7717. The dollar closed higher on Thursday (22) after fluctuating between gains and losses for most of the session. The day was marked by the repercussion of the interest rate decision made by the Monetary Policy Committee (Copom) of the Central Bank of Brazil, which maintained the…
The President stated that he has been urging senators to verify whether the President of the Central Bank is complying with the law. Lula is in Europe, where he has engagements in Italy and France. President Lula (PT) said that the President of the Central Bank, Roberto Campos Neto, “plays against the Brazilian economy” after…
Nearly 7,000 ‘hermanos’ came to the country last year. The COVID-19 pandemic and the economic crisis have led to an increase in the emigration of Argentinians to Brazil, according to Folha de S.Paulo. The newspaper obtained this data from the Observatory of International Migrations (OBMigra). The survey shows that 6,600 Argentinians came to Brazil in…
The neighboring country will have to import the banknotes to reduce costs. The crisis in Argentina has led the country to turn to Brazil for money production. To reduce the costs of printing Argentine pesos, the Brazilian Mint is expected to produce approximately 20 million banknotes per week this year, including the new 2,000 peso…
This was not the first time that the proposal was put forward to Campos Neto. The President of the Central Bank (BC), Roberto Campos Neto, stated during the Valor Capital’s Crypto Workshop event organized by Valor Capital Group on Friday, the 2nd, that he is against the idea of discussing a common currency for Latin…