Brazil
Brazil raises reserve ratio to ease impact of capital inflows
Central Bank of Brazil lifts reserve requirement ratio in bid to stem inflationary pressures resulting from capital inflows
Tombini named new governor of Brazilian central bank
Central Bank of Brazil deputy governor Alexandre Tombini to replace current governor Henrique Meirelles
Meirelles to step down at the end of the year
Central Bank of Brazil governor Henrique Meirelles will leave central bank at end of year as President-elect Dilma Rousseff seeks change at central bank
India’s PM backs QE2
Backing from Manmohan Singh follows attacks from other emerging markets
Zhou, Meirelles attack QE2
Central Bank of Brazil president Henrique Meirelles and People's Bank of China governor Zhou Xiaochuan bash Federal Reserve’s latest stimulus programme
OECD reappoints Gurría as secretary-general
Angel Gurría commits to second term as secretary-general at Organisation for Economic Cooperation and Development
RBNZ: carry trade reversed depreciation in NZD
Reserve Bank of New Zealand study shows high yielding currencies gradually offset declines in New Zealand dollar during crisis
Why Brazil’s economy survived shaky markets
Central Bank of Brazil Financial Stability Report says external shocks did not hamper economic recovery in Brazil owing to sound macro fundamentals
Ex-Brazil deputy to head hedge fund’s Latin American office
Former Central Bank of Brazil deputy governor Mário Mesquita will head Latin American office of UK hedge fund Brevan Howard
Ability of Bric nations to revive global economy exaggerated, say analysts
The contribution of Brazil, Russia, India and China to the world economy is still too small to compensate for low demand in advanced economies.
Venezuela’s Merentes announces plans to reopen foreign dollar-denominated bond market
Central Bank of Venezuela president Nelson Merentes says market will accept bonds from South American neighbours
Central Bank of Brazil: inflation tax risked hyperinflation
Brazilian central bank study shows the country risked weak hyperinflation in the past due to high income tax elasticity
Brazilian opposition candidate threatens central bank’s independence
Opposition party presidential candidate José Serra says rate-setting will be a political process under his leadership; latest poll puts Serra on level footing with governing party candidate
Venezuela cautiously reopens forex markets
Central Bank of Venezuela introduces tough rules for new regulated foreign currency market; bond trades will be carried out on new system under central bank's watch
Buba’s Weber interested in price-level targeting
Bundesbank president Axel Weber says move to price-level targeting could help anchor inflation expectations
Subbarao moots Tobin tax to curb capital inflows
Reserve Bank of India governor Duvvuri Subbarao says all options on the table as it attempts to act on investment influx
Meirelles will stay as governor until year end
Brazilian central bank governor Henrique Meirelles stays put, hopes of the vice-presidency dashed by party politics
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
Sovereign risk worries overstated: panel
Debt experts from Bank of Italy, National Bank of Denmark and French debt agency point to reassuring signs of continuing life in the sovereign debt markets
Brazil’s Meirelles faces renewed tax fraud allegations
Brazilian central bank chief Henrique Meirelles could be investigated for the second time on tax crimes after attorney-general’s office asks Supreme Court for a probe, Meirelles unfazed
Brazil names new head of foreign affairs
Central Bank of Brazil appoints Carlos Araujo to lead international affairs as current head Maria Celina Arraes returns to UN post
Controls cannot curb currency appreciation
Emerging markets must recognise the need to let their currencies appreciate, Ousmène Mandeng and Jerome Booth of Ashmore Investment Management argue
Brazilian economy on the up, minutes show
Central Bank of Brazil’s policy meeting minutes also show inflation is under control