SAO PAULO Dec 7 Brazil's central bank said on
Friday it was conducting a survey to gauge demand for dollars in
the foreign exchange market, in a sign policymakers will not
allow the real to weaken much further.
A central bank spokesman said the bank is in contact with
banks to gauge demand for traditional currency swaps --
derivatives that emulate the sale of dollars in the future
market -- and for dollar sales with repurchase agreement.
The announcement came after the real
interrupted a string of four winning sessions to close about
half a percentage point weaker on Friday, at 2.0904 per dollar.