| 25.10.2013 - Real declines on bets Brazil will limit currency swaps rollover |
| Brazil’s real fell on speculation the central bank will limit rollovers of foreign-exchange swaps after the currency posted the world’s biggest two-month rally. The real depreciated 0.3 percent to 2.1976 per U.S. dollar at 10:05 a.m. in Sao Paulo, the weakest level on a closing basis since Oct. 9. Swap rates on contracts maturing in January 2015 were unchanged at 10.49 percent...............................................Full Article: Source |