Central Bank of Brazil

Central Bank of Brazil
Banco Central do Brasil
Headquarters Brasília, Brazil
Established December 31, 1964
President Alexandre Tombini
Central bank of Brazil
Currency Brazilian real
ISO 4217 Code BRL
Base borrowing rate 12.00%[1]
Website www.bc.gov.br

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

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 arms of Brazil's monetary policy is the Banco Central do Brasil's SELIC rate.

Contents

Presidents

Presidents of the bank have been:[2]

See also

References

External links