Central Bank of Brazil

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Central Bank of Brazil Banco Central do Brasil
Headquarters	Brasília, Brazil
Coordinates	15°48′11″S 47°53′08″W / -15.803083°N -47.885510°E / -15.803083; -47.885510Coordinates: 15°48′11″S 47°53′08″W / -15.803083°N -47.885510°E / -15.803083; -47.885510
Established	December 31, 1964
President	Henrique Meirelles
Central Bank of	Brazil
Currency	Brazilian real
ISO 4217 Code	BRL
Base borrowing rate	9.25%
Website	www.bc.gov.br

The Brazilian Central Bank (Portuguese: Banco Central do Brasil) is Brazil's highest monetary authority in, and the country's governing body in, finance and economics. 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 Brasil (BB), and the National Treasury.

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

Contents 1 Presidents 2 See also 3 References 4 External links

[edit] Presidents

Presidents of the bank have been:^[1]

• Henrique Meirelles. 01/01/2003 - Meirelles is a former executive for FleetBoston.
• Arminio Fraga Neto - 03/04/1999 - 01/01/2003. Fraga is a former associate of Soros Fund Management.
• Gustavo Henrique de Barroso Franco - 08/20/1997 - 03/04/1999
• Gustavo Jorge Laboissière Loyola - 06/13/1995 a 08/20/1997
• Pérsio Arida - 01/11/1995 - 06/13/1995
• Gustavo Henrique de Barroso Franco - 12/31/1994 - 01/11/1995 (interim)
• Pedro Malan - 09/09/1993 - 12/31/1994

[edit] See also

• Brazilian real
• Federal institutions of Brazil

[edit] References

[edit] External links

• (Portuguese) (English) Official website

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