Reuters: US Dollar Report: Brazil central bank to sell dollars, real erases losses

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 to sell dollars, real erases losses Dec 11th 2012, 18:51 RIO DE JANEIRO | Tue Dec 11, 2012 1:51pm EST RIO DE JANEIRO Dec 11 (Reuters) - Brazil's central bank said on Tuesday it will sell as much as $1.5 billion on the spot market with repurchase agreements, causing the real to erase all of its losses. The bank will conduct two auctions on Wednesday to sell dollars with repurchase dates set to Jan. 14 and Feb. 14. The real , which was falling around 0.2 percent before the central bank announcement, last traded at 2.0762 per dollar, practically unchanged from Monday's close.

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions