Reuters: US Dollar Report: Brazil sells 14,000 currency swaps; 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 sells 14,000 currency swaps; real rises May 25th 2012, 13:39 RIO DE JANEIRO | Fri May 25, 2012 9:39am EDT RIO DE JANEIRO May 25 (Reuters) - Brazil's central bank sold 14,000 of 40,000 currency swaps it had offered at an auction on Friday, keeping the real about half a percentage point stronger. The bank sold 9,000 contracts maturing on July 2 and 5,000 contracts maturing on Aug. 1, it said in a statement. Since it resumed the sale of currency swaps a week ago, this was the first time the central bank offered swaps when the real was trading stable against the dollar.

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