Reuters: US Dollar Report: Brazil cenbank calls FX swap auction, real rises

Reuters: US Dollar Report Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Brazil cenbank calls FX swap auction, real rises May 24th 2012, 14:59 RIO DE JANEIRO | Thu May 24, 2012 10:59am EDT RIO DE JANEIRO May 24 (Reuters) - Brazil's central bank on Thursday offered to sell up to $2 billion in currency swaps, in an attempt to support the real. The bank is offering up to 40,000 swap contracts maturing on July 2, it said in a statement. The real erased its losses just after the announcement. It last traded 0.13 percent stronger at 2.0361 per U.S. dollar.

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