SAO PAULO, June 11 | Tue Jun 11, 2013 10:27am EDT
SAO PAULO, June 11 (Reuters) - Brazil's central bank held a second traditional currency swap auction on Tuesday in an attempt to strengthen the real.
The central bank offered to sell as many as 40,000 currency swaps, maturing on Aug. 1 and Sept. 2.
The Brazilian currency pared losses shortly after the bank's announcement, trading 0.42 percent weaker at 2.1558 per U.S. dollar.
0 comments:
Post a Comment