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Brazil central bank

Brazil central bank raises interest rate by 1 point to 6.25%: official

The move, which was unanimously agreed upon by the bank's Monetary Policy Committee, was in line with analysts' expectations

Published 23 Sep, 2021 09:40am

Business & Finance

Brazil central bank discussed more aggressive rate hike at last policy meeting: minutes

"The Committee evaluated a quicker reduction of monetary stimulus already on this meeting," the minutes read.
"The Committee decided that the best strategy would be to maintain the current pace of stimulus reduction but highlighting the possibility of a quicker adjustment in the next meeting."

Published 22 Jun, 2021 05:36pm

Markets

Brazil central bank to raise 2021 GDP growth forecast towards 4pc

Campos Neto also said he anticipates a huge acceleration in Brazil's COVID-19 vaccination program in June.

Updated 24 May, 2021 11:04pm

Business & Finance

Brazil inflation rises to multi-year high

BRASILIA: Brazilian consumer inflation rose to new multi-year highs in the month to mid-March, statistics agency ...

Updated 26 Mar, 2021 09:26am

World

Brazil inflation tops 5pc for first time in four years, rate hike likely

The central bank was already expected to deliver the first increase in Brazilian interest rates since 2015 at its March 16-17 meeting.
"While we've penciled in a 50bp rate hike to 2.50%, these data make a larger rise of 75bp increasingly likely," he said.

Updated 11 Mar, 2021 10:01pm

Markets

Brazil central bank intervenes in FX, sells $1bn as real slides further

Tuesday's $1 billion sale, taking central bank intervention since Thursday to over $4 billion, came as pressure on Brazilian assets intensified after President Jair Bolsonaro eliminated certain fuel taxes and increased a tax on banks.
There's a (market) crisis of confidence in the government, and we have negative rates.

Published 02 Mar, 2021 08:06pm

Business & Finance

Brazil bank lending spreads widen to 23.4pc points in January: central bank

The amount of outstanding loans in Brazil remained steady in the month at 4 trillion reais ($736 billion) and over the last 12 months loan growth accelerated 16%, the central bank said.

Updated 25 Feb, 2021 05:45pm

World

Brazil's 2021 inflation outlook climbs to new high, above central bank target: survey

The average forecast for IPCA consumer price inflation at the end of this year rose to 3.8% from 3.6%, according to the latest weekly 'FOCUS' survey of over 100 economists.
The average inflation forecast over the next 12 months rose to 3.8% from 3.7%. The central bank's end-2022 goal is 3.50%.

Published 22 Feb, 2021 06:56pm

World

Brazil govt debt ends 2020 at record high 89.3pc of GDP

The public sector deficit in December excluding interest payments was 51.8 billion reais ($9.5 billion), the central bank said, close to the 51.5 billion reais median estimate in a Reuters poll of economists.
The nominal deficit in December including interest payments widened to 75.8 billion reais, the central bank said, resulting in an annual deficit of 1.02 trillion reais, or 13.7% of GDP.

Published 29 Jan, 2021 07:43pm

World

Brazil rate outlook rises after central bank drops forward guidance: survey

The 2021 outlook is the highest since last June, and the 2022 forecast is the highest since last August.
The FOCUS survey on Monday showed that 2021 inflation forecasts edged up to 3.50% from 3.4%.

Published 25 Jan, 2021 07:05pm

World

Brazil inflation ends 2020 at 4.5pc, above target and highest in four years

It was the second month in a row the benchmark annual IPCA consumer inflation rate has been above 4%.
The annual rate of 4.5% in December exceeded the 4.4% median forecast in a Reuters poll of economists and was higher than the central bank's year-end goal of 4.00%.

Published 12 Jan, 2021 06:50pm

World

Brazil rate outlook rises, even as inflation expectations hold: central bank survey

The average forecast of the benchmark Selic rate at the end of this year rose to 3.25% from 3.00%, and the end-2022 forecast rose to 4.75% from 4.50%.
The 2021 outlook is the highest since last June, and the 2022 forecast is the highest since last August.

Published 11 Jan, 2021 05:33pm

Markets

Brazil central bank intervenes in spot FX market, sells $530 million

Policymakers had said last month they would intervene if the market was unable to absorb expected year-end outflows as local banks unwound their so-called overhedge position.

Published 29 Dec, 2020 01:22am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 23	278.69
USD PKR Interbank Buying / Dec 23	278.43
USD to Japanese Yen / Dec 23	156.63
USD to Swiss Franc / Dec 23	0.90
Pound Sterling to USD / Dec 23	1.26
Euro to USD / Dec 23	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
Nasdaq / Dec 20	19,572.60
Dow Jones / Dec 20	42,840.26
India Sensex / Dec 23	78,595.51
Tokyo Nikkei / Dec 23	39,161.34
Hang Seng / Dec 23	19,857.04
FTSE 100 / Dec 23	8,068.16
Germany DAX 30 / Dec 23	19,830.32

Item	Value
Gold 10 Grams PKR / Dec 20	234,311
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Crude Oil USD/Barrel / Dec 23	69.79
Gold Spot USD/Ounce / Dec 23	2,632.38
Cotton US¢/pound / Dec 23	68.96
Petrol/Litre / Dec 24	252.10

Gainers
Losers
Leaders

Stock	Price
First Capital Equities / Dec 23 First Capital Equities Limited(FCEL)	6.15 ▲ 1.00 (19.42%)
Dewan Sugar / Dec 23 Dewan Sugar Mills Limited(DWSM)	6.60 ▲ 1.00 (17.86%)
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	6.83 ▲ 0.92 (15.57%)
Jahangir Sidd(Pref) / Dec 23 Jahangir Sidd(Pref)(JSCLPSA)	9.50 ▲ 0.95 (11.11%)
Chenab Ltd (Pref) / Dec 23 Chenab Limited (Pref)(CLCPS)	3.75 ▲ 0.36 (10.62%)
Dewan Farooque Sp. / Dec 23 Dewan Farooque Spinning Mills Limited(DFSM)	4.72 ▲ 0.45 (10.54%)
Trust Sec.& Brok. / Dec 23 Trust Securities & Brokerage Limited(TSBL)	10.55 ▲ 1.00 (10.47%)
Dawood Equities / Dec 23 Dawood Equities Limited(DEL)	10.63 ▲ 1.00 (10.38%)
HBL Invest Fund / Dec 23 HBL Investment Fund(HIFA)	4.15 ▲ 0.39 (10.37%)

Stock	Price
Sindh Abadgar / Dec 23 Sindh Abadgar's Sugar Mills Limited(SASML)	36.60 ▼ -4.07 (-10.01%)
Blue-Ex Ltd / Dec 23 Blue-Ex Limited (GEM)(GEMBLUEX)	40.87 ▼ -4.54 (-10.00%)
J.A.Textile / Dec 23 J.A. Textile Mills Limited(JATM)	37.72 ▼ -4.19 (-10.00%)
Asia Ins. / Dec 23 Asia Insurance Company Limited(ASIC)	13.96 ▼ -1.55 (-9.99%)
Dar-es-Salaam / Dec 23 Dar-es-Salaam Textile Mills Limited(DSML)	42.01 ▼ -4.58 (-9.83%)
First Tri-Star Mod. / Dec 23 First Tri-Star Modaraba(FTSM)	14.01 ▼ -1.33 (-8.67%)
Dadabhoy Cement / Dec 23 Dadabhoy Cement Industries Limited(DBCI)	6 ▼ -0.54 (-8.26%)
Oilboy Energy / Dec 23 Oilboy Energy Limited(OBOY)	10.46 ▼ -0.93 (-8.17%)
Burj Clean Energy Modaraba / Dec 23 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	8.45 ▼ -0.65 (-7.14%)

Stock	Volume
WorldCall Telecom / Dec 23 Worldcall Telecom Limited(WTL)	99,942,750 ▲ 0.14
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	66,327,753 ▲ 0.92
Pace (Pak) Ltd. / Dec 23 Pace (Pakistan) Limited(PACE)	43,280,462 ▲ 0.19
K-Electric Ltd. / Dec 23 K-Electric Limited(KEL)	40,644,312 ▲ 0.37
Sui South Gas / Dec 23 Sui Southern Gas Company Limited(SSGC)	40,619,788 ▲ 0.76
Pak Elektron / Dec 23 Pak Elektron Limited(PAEL)	38,585,180 ▲ 1.96
Fauji Foods Ltd / Dec 23 Fauji Foods Limited(FFL)	35,015,764 ▲ 1.32
P.T.C.L. / Dec 23 Pakistan Telecommunication Company Ltd(PTC)	33,026,526 ▲ 2.58
B.O.Punjab / Dec 23 The Bank of Punjab(BOP)	29,495,012 ▲ 0.26

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Brazil central bank

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