Brazil: Financial System Stability Assessment
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Summary:
The paper discusses the stability of Brazil's financial system, which is diversified and shows sustained economic progress. Fiscal and monetary policies have been aimed to improve bank reserves, and foreign exchange intervention has been streamlined to curb volatility in the exchange market. These measures have been effective in achieving the immediate targets, maintaining macroeconomic stability, and ensuring adequate financial sector buffers. However, there are indications of emerging strains in some sectors and asset classes.
Series:
Country Report No. 2012/206
Subject:
Bank resolution framework Banking Credit Financial crises Financial institutions Financial regulation and supervision Financial sector policy and analysis Financial sector stability Loans Money Mutual funds
English
Publication Date:
July 31, 2012
ISBN/ISSN:
9781475506723/1934-7685
Stock No:
1BRAEA2012003
Pages:
64
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