Steve Rich FX › World financial centres › Brasília

AMERICAS · BRAZIL · FINANCIAL CENTRE

Brasília — world financial centre

Brasília is home to Banco Central do Brasil.

Central bank

Banco Central do Brasil (BCB)

Sets the interest rate of the BRL.

How the BCB moves the BRL →

Frequently asked

Why is Brasília a financial centre?

Brasília is home to Banco Central do Brasil. Together they make the city a place where money is priced, traded and settled.

Which central bank is in Brasília?

Banco Central do Brasil — it sets the interest rate of the BRL, which is why forex traders follow its decisions closely.

How can I learn to trade the Brasília session?

The ForeXistenZ Academy by Steve Rich teaches how the world’s trading sessions hand over to each other and how to trade them, inside the ForeXistenZ membership.

More financial centres in Americas