Reuters: US Dollar Report: Brazil central bank sells 65,500 currency swaps at auction

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 sells 65,500 currency swaps at auction Jun 25th 2013, 13:58 RIO DE JANEIRO, June 25 | Tue Jun 25, 2013 9:58am EDT RIO DE JANEIRO, June 25 (Reuters) - Brazil's central bank on Tuesday sold 65,500 of the 66,600 traditional currency swaps offered at an auction to roll over expiring swap maturities. The central bank said in a statement it sold 49,000 swaps maturing on Oct. 1, 2013, and 16,500 contracts expiring on Nov. 1, 2013. Traditional currency swaps are derivative contracts that provide investors with protection against a possible depreciation of the real. The real , which was already trading higher early on Tuesday, was 0.4 percent stronger at 2.2165 per U.S. dollar.

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