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Brazil's central bank holds 2nd currency swap auction
December 26, 2012 / 1:25 PM / 5 years ago

Brazil's central bank holds 2nd currency swap auction

SAO PAULO, Dec 26 (Reuters) - Brazil’s central bank announced a second currency swap auction on Wednesday, offering to sell an additional 40,000 contracts in an attempt to bolster the real. For the second time on Wednesday, the bank is offering contracts maturing on Feb. 1, 2013, it said in a statement.

At 11:20 a.m. (1320 GMT), the real strengthened 1.81 percent to 2.0412 per U.S. dollar.

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