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Central Bank of Brazil

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Established
  
December 31, 1964

Website
  
www.bc.gov.br?english

Founded
  
31 December 1964

Bank rate
  
14.25%

President
  
Ilan Goldfajn

Central bank of
  
Brazil

Central Bank of Brazil httpsca33f332e2199349c49cdc74b5af55c9b2a1bd889

Headquarters
  
Brasília, Federal District, Brazil

Founders
  
Banco do Brasil, Superintendency for the Currency and Credit

Subsidiaries
  
Funcionários do Banco Central do Brasil

Profiles

Central bank of brazil doubles it s gold reserves in 3 months


The Central Bank of Brazil (Portuguese: Banco Central do Brasil) is Brazil's central bank. It was established on December 31, 1964.

Contents

The Central Bank is linked with the Ministry of Finance. Like other central banks, the Brazilian central bank is the principal monetary authority of the country. It received this authority when it was founded by three different institutions: the Bureau of Currency and Credit (SUMOC), the Bank of Brazil (BB), and the National Treasury.

One of the main instruments of Brazil's monetary policy is the Banco Central do Brasil's overnight rate, called the SELIC rate.

The Bank is active in promoting financial inclusion policy and is a leading member of the Alliance for Financial Inclusion. It is also one of the original 17 regulatory institutions to make specific national commitments to financial inclusion under the Maya Declaration during the 2011 Global Policy Forum in Mexico.

17 may 2010 central bank of brazil


Presidents

Presidents of the bank have been:

  • Ilan Goldfajn - 09/06/2016–present
  • Alexandre Tombini - 01/01/2011 - 09/06/2016
  • Henrique Meirelles - 01/01/2003 - 31/12/2010.
  • Arminio Fraga - 03/04/1999 - 01/01/2003.
  • Gustavo Henrique de Barroso Franco - 08/20/1997 - 03/04/1999
  • Gustavo Jorge Laboissière Loyola - 06/13/1995 - 08/20/1997
  • Pérsio Arida - 01/11/1995 - 06/13/1995
  • Gustavo Henrique de Barroso Franco - 12/31/1994 - 01/11/1995 (interim)
  • Pedro Malan - 09/09/1993 - 12/31/1994
  • References

    Central Bank of Brazil Wikipedia