Brazil central bank gauging demand for swap, traders say
SAO PAULO Aug 8 (Reuters) - Brazil's central bank is gauging demand among market participants for an auction of traditional currency swaps amid efforts to counter swings in the foreign exchange market, traders told Reuters on Thursday.
The real strengthened 1.2 percent to 2.28 per U.S. dollar. The currency is down over 10 percent against the dollar so far this year.
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