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View Full Version : Brazil Real Rises as Central Bank to Sell $50 Billion of Swaps - Bloomberg



NewsWhore
10-23-2008, 11:30 AM
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Brazil Real Rises as Central Bank to Sell $50 Billion of Swaps (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3DaVO7GRRBi6go%26refer%3Dnews&cid=1261544062&ei=DIwASZKQIqbGMr7PyJ0J&usg=AFQjCNGV24K5vVLAItJOOBOD7ZQH1iQTHg)
Bloomberg - 38 minutes ago
The central bank also bought reais in the spot market to shore up the currency after it dropped 11 percent over the past two days. ``It&#39;s a very significant ...


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