Reuters: US Dollar Report: Brazil central bank offers to sell currency swaps, real weakens

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 central bank offers to sell currency swaps, real weakens Oct 23rd 2012, 11:44 SAO PAULO | Tue Oct 23, 2012 7:44am EDT SAO PAULO Oct 23 (Reuters) - Brazil's central bank offered on Tuesday to sell up to 60,000 contracts for reverse currency swaps, derivatives designed to weaken the local currency. The real weakened 0.08 percent to 2.0260 per U.S. dollar right after the announcement.

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