Brazil's markets made a brisk gain on Thursday as the central bank decisively voted to raise interest rates - and a statement that many would call hawkish signalled a commitment to getting inflation back on track, according to a report by Bloomberg.

Brazil's Real surges following central bank's aggressive rate hike

Brazil's central bank announced it would offer up to $1.5 billion in an auction on Friday, following weeks of turbulence in the country's currency. The announcement, made on Thursday night, came after the real experienced its fourth consecutive day of losses, making it one of the worst-performing currencies in emerging markets this year.

Brazil's central bank to sell $1.5 billion amid currency volatility

Brazil's central bank on Tuesday suspended a newly-launched system allowing users of Facebook Inc's WhatsApp messaging service to send money via chats, ordering Visa and Mastercard to halt payments and transfers via the system, according to Reuters.

Brazil's central bank suspends WhatsApp's new payments system