Banco Central do Brasil
|Banco Central do Brasil|
|Key People||Alexandre Antonio Tombini, Governor|
The Banco Central do Brasil (BCB) is an autonomous federal institution that is part of the National Financial System (SFN) of Brazil. Banco do Brasil acts as the government bank and is responsible for controlling foreign trade operations, executing foreign exchange operations on behalf of public sector enterprises and the National Treasury, and executing the rules set forth by the Bank for Agricultural, Industrial and Commercial Credit and the Currency and Credit Superintendence (SUMOC), the former Brazilian monetary authorities.
The Banco Central do Brasil (BCB)was created on December 31, 1964. Before the creation of the Central Bank, the Brazilian monetary authorities were the Currency and Credit Superintendence (SUMOC), the Bank of Brazil (BB) and the National Treasury.
Alexandre Antonio Tombini has been the governor of the Central Bank of Brazil since January 2011.