The Banco Central do Brasil (BCB) is the central bank of Brazil, responsible for managing the country's monetary policy. Established in 1964, its main objectives include controlling inflation, stabilizing the currency, and ensuring the financial system's stability. The BCB also oversees the banking sector and regulates financial institutions. Additionally, the Banco Central do Brasil issues the national currency, the real, and manages foreign exchange reserves. It plays a crucial role in maintaining economic stability and fostering sustainable growth in Brazil by implementing policies that influence interest rates and money supply.