13.09.2010 - Mantega market actions meant to slow real rally: Brazil credit
From Bloomberg: Three weeks earlier, Treasury Secretary Arno Augustin said in an interview that Brazil may step up dollar buying by using its sovereign wealth fund should the real post “excessive” gains. BNP Paribas predicts the central bank may buy dollars in the futures market for the first time in 16 months while Bank of America Corp. says the Finance Ministry could purchase the U.S. currency with its sovereign wealth fund..............................................Full Article: Source
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