Thu, Nov 27, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Currencies more

Brazil sells currency swaps to boost real

Posted on 02 August 2013

Brazil’s central bank sold 30,000 currency swaps to alleviate a critical dollar shortage that has driven the real to four-year lows in recent sessions.
The real has been the worst-performing emerging market currency, falling 12.4 per cent against the dollar this year, and the US currency on Wednesday briefly jumped above R$2.30 for the first time since May 2009…………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 38163 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
November 2014
S M T W T F S
« Oct    
 1
2345678
9101112131415
16171819202122
23242526272829
30