Brasília – The international financial crisis has prompted the Brazilian Central Bank to adopt a new measureto increase the volume of funds available in the market. The information was disclosed yesterday (2nd). Changes were effected to mandatory payments (a portion of the funds that banks are obliged to pay to the Central Bank) on government
Author: Agência Brasil
The United States dollar will no longer need to be used in trade between the two countries.
Reduction was recorded in comparison with July, according to a survey disclosed today by the Brazilian Institute for Geography and Statistics.
The bank disbursed US$ 4.3 billion in credit for the area over the last 12 months, an increase of 106% over the previous year. In the whole of 2008, disbursements should total US$ 4.7 billion.
Information was disclosed in a survey published today by the Getulio Vargas Foundation.
The equipment is used to track information about the animals from birth to the date of slaughter. It is cheaper than the imported product and may help expand beef exports from the country.
Brasília – The Brazilian Central Bank is expecting greater economic growth this year. According to the Quarterly Inflation Report, disclosed today (29th) by the organisation, the projection of increase for the Gross Domestic Product (GDP), which is the sum of all goods and services produced in the country, has risen to 5%. The rate is
The figure is from the Air Transport Directory, launched last Friday by the National Civil Aviation Agency (Anac). Contributing factors include low tariffs and seat supply higher than demand.
The total reached 1.11 trillion reals in August, 38% of the Brazilian Gross Domestic Product, the largest in history. There was, however, reduction of financing to natural people as against July.
The funds were disbursed from early July to September 15th. Funds for business agriculture grew 43.2% and, for family farming, 6.1%.
The Brazilian state-owned oil company finished drilling Jupiter well, in Santos Basin, on the coast of Rio de Janeiro, and confirmed the existence of large reserves at a depth of 5,800 metres.
The previous target, fixed in July this year, was US$ 190 billion. This expansion represents growth of 25.7% over last year.
The figure was supplied by the Central Bank and concerns the period from September 01st to 23rd. Expenditures by foreigners in Brazil reached US$ 320 million during the same period.
Inflow of foreign funds reached US$ 5.2 up until today, as against US$ 4.6 billion in August. Sectors that have attracted the most capital are vehicles, metallurgy and finance.
