Brazil unveils measures to boost liquidity
Central bank estimates action will boost credit supply by 1.2 trillion reals ($238 billion)
The Central Bank of Brazil unveiled a comprehensive set of measures on March 26 with the aim of boosting liquidity during the Covid-19 crisis.
The institution estimates its plan will boost credit supply by 1.2 trillion reals ($238 billion). “The objective is ensuring financial institutions have funding to meet the market’s liquidity needs,” said the central bank in a statement.
The package includes lower capital requirements, loans to financial institutions, and laxer regulations on foreign
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