Monday, December 3, 2012

Reuters: US Dollar Report: Brazil real gains 1 pct on central bank auction announcement

Reuters: US Dollar Report
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Brazil real gains 1 pct on central bank auction announcement
Dec 3rd 2012, 11:42

SAO PAULO | Mon Dec 3, 2012 6:42am EST

SAO PAULO Dec 3 (Reuters) - The Brazilian real gained 1 percent against the U.S. dollar on Monday after the central bank called a swap auction to bolster the currency from around its weakest levels in more than 3-1/2 years.

At 9:33 a.m. (1133 GMT), the real was trading 0.7 percent higher to 2.114 per dollar, paring gains after strengthening as much as 1 percent earlier in the session.

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