Central Bank of Brazil (BCB)

Brazil’s Meirelles in political limbo

Brazil governor Henrique Meirelles has until Friday to decide if he will remain at the central bank, political ambitions rocked by Lula, party leaders; head of financial stability likely successor

Rate decisions this week

Majority of central banks to vote this week hold rates constant though dissent voiced in the US and South Africa; Philippines and India tighten, Hungary loosens

Rate decisions this week

Korea, New Zealand hold but indicate tightening soon to come. Bank of England and Bank of Canada maintain policy stance, along with Peru and Brazil as Denmark and Iceland cut

Basel-based CPSS broadens membership

Central banks of Australia, Brazil, China, India, Mexico, Russia, Saudi Arabia, South Africa and South Korea to join the Committee on Payment and Settlement Systems (CPSS)

Brazil goes for diversification

Isabela Damaso, who manages the strategic risk function, and Márcio Ayrosa, head of the front office, explain how reserve management is changing at the central bank as a result of the unprecedented growth in reserves during 2007.

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