Document has harder tone than announcement of decision 02/07/2024 Robson Pereira Gabriel Reis/Valor The Central Bank’s Monetary Policy Committee (COPOM) revealed that last week’s decision was taken after “more in-depth” discussions about the labor market and that services inflation deserved “greater scrutiny.” With these factors added to the committee’s assessment of a slowdown in activity, market […]
Spain, Colombia, Portugal, and the United Arab Emirates are interested in joining Southern Cone bank, CEO says 02/06/2024 Luciana Botafogo — Foto: Wenderson Araujo/Valor Fonplata—a development bank by Brazil, Argentina, Bolivia, Paraguay, and Uruguay—plans to double its authorized capital and seek new partners to leverage its credit portfolio and, as a consequence, expand investments in […]
Record quantity offsets 6.3% price drop, generates 1.7% revenue gain 02/06/2024 Lia Valls — Foto: Leo Pinheiro/Valor In the midst of falling prices, the increase in exported quantity led to a rise in Brazil’s export revenue in 2023, contributing to a historic trade surplus. Export volume hit a record high last year, continuing a trend […]