Tag Archives: Brazil bank

What exactly is a SELIC anyway?

SELIC (Sistema Especial de Liquidação e de Custódia) or the Special System for Settlement and Custody, is the Brazilian Central Bank’s vehicle for undertaking open market operations — much like the Federal Open Market Committee of the United States Federal Reserve.

Banks Basics Brazil Interest Rates

Thursday’s best web

Thursday’s best web covers the Russian natural gas exporting monopoly, increases in steel production by Jindal, Apple’s launch of the new iPad in China, new rules for Indonesian banks, and trouble in Brazil’s FIDC market.

Banks China Indonesia Russia Steel