Central Bank of Brazil
The Central Bank of Brazil (Banco Central do Brasil) is Brazil's central bank. It sets monetary policy, issues the real, and supervises the banking system.
It operates PIX, Brazil's instant payment network. Official site: Central Bank of Brazil.
Related Terms
Central Bank
A central bank is a country's monetary authority responsible for issuing currency, setting monetary ...
BRL
Brazilian Real
BRL is the official currency of Brazil. It was introduced in 1994 as part of a plan to stabilize the...
PIX
PIX is Brazil's instant payment system operated by the Central Bank of Brazil. It allows 24/7 transf...
Interest
Interest is the cost of borrowing money or the return earned on deposited funds, typically expressed...
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