Monday, December 17, 2012

Reuters: US Dollar Report: Brazil real little changed as central bank sells dollars

Reuters: US Dollar Report
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Brazil real little changed as central bank sells dollars
Dec 17th 2012, 12:27

RIO DE JANEIRO | Mon Dec 17, 2012 7:27am EST

RIO DE JANEIRO Dec 17 (Reuters) - The Brazilian real was little changed early on Monday as the central bank conducted two auctions to sell as much as $1.5 billion on the spot market with repurchase agreement.

The auctions, which aim at providing liquidity to the foreign exchange market at year-end, were announced late on Friday, after the currency market had closed.

The real edged 0.1 percent lower at 2.0865 per dollar.

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