Reuters: US Dollar Report: Brazil cenbank sells 15,300 currency swaps at 2nd auction

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Brazil cenbank sells 15,300 currency swaps at 2nd auction Jul 31st 2013, 14:46 Wed Jul 31, 2013 10:46am EDT RIO DE JANEIRO, July 31 Reuters) - Brazil's central bank sold 15,300 of the 30,000 traditional currency swaps offered at a second auction on Wednesday, in a strategy to ease a dollar shortage that had driven the real to its weakest in over four years. Traditional currency swaps are derivative contracts that emulate a sale of dollars in the futures market.

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