The Central Bank of Brazil (Banco Central do Brasil) is the country's primary financial institution, responsible for managing its monetary policy, regulating the financial system, and ensuring economic stability. Established in 1964, it aims to control inflation, maintain the value of the Brazilian real, and promote a stable financial environment. The bank oversees the country's banking institutions and implements policies to foster economic growth. It also manages foreign exchange reserves and acts as a lender of last resort to financial institutions. The Central Bank of Brazil plays a crucial role in shaping the nation's economic landscape and maintaining public confidence in the financial system.