Forex - Brazil FX Flows! - BRL down at 1.68 after BCB 1 billion reverse swap offer [Archive] - In Search of Chicas

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NewsWhore

01-14-2011, 12:20 PM

BRL posting modest losses to 1.68 after BCB announced it would offer 1 billion in reverse swaps. Although we are bullish BRL in the long term, the bank is looking to dry up liquity in futures with thi

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