Brazil Offers $1 Billion in ‘High-Caliber’ Swaps to Weaken Real [Archive] - In Search of Chicas

View Full Version : Brazil Offers $1 Billion in ‘High-Caliber’ Swaps to Weaken Real

NewsWhore

01-14-2011, 12:10 AM

Jan. 14 (Bloomberg) -- Brazil will offer $1 billion in reverse currency swaps today as it buys dollars in the futures market for the first time in 21 months to protect the real from the global currenc

More... (http://story.brazilsun.com/index.php/ct/9/cid/24437442923341f1/id/42016460/)