Tuesday, December 18, 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 18th 2012, 12:29

RIO DE JANEIRO | Tue Dec 18, 2012 7:29am EST

RIO DE JANEIRO Dec 18 (Reuters) - The Brazilian real was little changed early on Tuesday as the central bank conducted three 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 on Monday.

The real last traded at 2.0951 per dollar, practically unchanged from Monday's close.

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