RIO DE JANEIRO, July 18 Brazil's central bank
offered to sell as many as 20,000 traditional currency swaps on
Friday, continuing with its efforts to roll over 114,300
contracts that expire on Aug. 1.
Policymakers have used the contracts, which offer investors
protection against a further weakening of the real, to cushion a
currency depreciation that has added to inflation pressures in
Latin America's largest economy.
The bank said in a statement it will offer at 10:30 a.m.
(1330 GMT) on Friday as many as 20,000 traditional swaps
maturing on Dec. 2, 2013.
The real , which had weakened more than 0.5
percent early on Thursday, was little changed at 2.2249 per U.S.
dollar after the announcement.