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View Full Version : Brazilian Real Gains From Three-Year Low on Swap Speculation - Bloomberg



NewsWhore
05-23-2012, 11:40 AM
Brazilian Real Gains From Three-Year Low on Swap Speculation (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNELiEYyMre4hLERnJuHHDnko3QiYQ&url=http://www.bloomberg.com/news/2012-05-23/brazilian-real-gains-from-three-year-low-on-swap-speculation.html)
Bloomberg
Brazil's real rose from a three-year low on speculation that the central bank may seek to offer more swap auctions should the currency extend declines. The real climbed 0.9 percent to 2.0716 per US dollar at 10:33 am in Sao Paulo.

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