27 March 2020 – Reduced the reserve requirement ratio on certain assets

Intervention Categories: Finance policy and financial aid; Monetary and macro-financial policy
Level of Jurisdiction: National

Overview: The Banco Central Do Brasil reduced the reserve requirement ratio on time deposits and increased the amount of reserve requirements that is considered as High Quality Liquid Assets (HQLA) in the Liquidity Coverage Ratio (LCR).
Full details here: https://www.bcb.gov.br/en/pressdetail/2322/nota