Brazil’s central bank decided to hold interest rates steady, signaling a strategic pause designed to fuel economic recovery as inflation eases. This choice reflects cautious optimism amid persistent global uncertainties
Browsing: Brazil finance
Brazil has launched a thorough investigation into Anglo American’s $500 million sale of its nickel business, the Financial Times reveals. Authorities are intensively examining the deal for potential regulatory and antitrust concerns
The Central Bank of Brazil is accelerating the launch of its digital currency, Drex, by ditching blockchain technology to enhance efficiency and scalability. This daring move marks a groundbreaking shift in the nation’s CBDC strategy
Brazil is poised to reshape its competition landscape with the 2024 proposal from the Ministry of Finance, aimed at establishing digital ex ante regulation. This initiative seeks to enhance market fairness and foster innovation in the rapidly evolving digital economy.