"You decide and we provide."
Cart 0

EMERGING MARKETS-Brazil real jumps on central bank intervention




reutersCOMPANYNEWS companyNews

SAO PAULO, April 17 (Reuters) - The Brazilian real jumped on Monday as the central bank stepped up intervention, providing additional support for the currency amid rising geopolitical frictions abroad and political concerns at home. The real firmed 1.4 percent to the strongest in nearly two weeks after the central bank sold $800 million worth of currency swaps, which function like dollar sales to investors for future delivery, to roll over contracts expiring next month. Should the ba




Older Post Newer Post


Leave a comment

Please note, comments must be approved before they are published