eyesonbrasil 1. A Glittering Trend Continues Central banks worldwide have embarked on a remarkable journey, accumulating gold reserves at a pace not seen since 1967 when the U.S. dollar was still tethered to this precious metal. As we step into 2024, their commitment to gold remains unwavering. Let’s delve into the reasons behind this glittering…
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Interest rates in Brazil need to stay high. The hope that the rise in inflation was temporary, has passed,” says Nóbrega. AF . Amsterdam, June 18 2021–Former Brazilian Finance Minister Maílson da Nóbrega (Jan. 6 1988 – March 18, 1990) under President José Sarney has pointed out that the country needs to keep interest…
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Digital Transformation AF Source BCB The Central Bank of Brazil (BCB) established general guidelines for the development of a Brazilian Central Bank Digital Currency (CBDC), which may be implemented in order to keep up with the digital transformation of the global economy and foster innovation in Brazil. The Central Bank of Brazil (BCB), through a…
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The Brazilian Real 90 000 trades a day Claudio Oliveira Borsa Amsterdam, June 9 2021– Forex is not only the European border control center trying to keep unwanted and illegal immigrants outside its borders. Forex is also the largest currency trading market in the world. This market trades over a trillion dollars a day. The Dollar vs. Real…
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Financial and political turmoil that have Brazil on the brink of a depression is also contributing to one of the best years ever for domestic farmers. Economic stress and a weak currency has facilitated export revenue for everything from soybeans to beef to coffee. Even as global surpluses spark a commodity slump, the drop in…
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