Sponsored Links
Brazil's central bank calls swap auction to curb FX gains
SAO PAULO, Sept 14 |
SAO PAULO, Sept 14 (Reuters) - Brazil's central bank offered to sell $1.8 billion in reverse currency swaps on Friday as part of its efforts to curb currency gains following the announcement of a third round of monetary stimulus in the United States this week.
Brazil's currency, the real, was trading 0.19 percent stronger at 2.0135 per U.S. dollar shortly after the announcement.
- Tweet this
- Link this
- Share this
- Digg this
- Reprints
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.
Follow Reuters