Tag: forex swaps auction

• Thursday, March 5th 2020 - 07:16 UTC

  Brazil to auction US$ 1 billion forex swaps on Thursday to boost the anemic Real

  

  Brazil’s central bank on Thursday will auction up to US$ 1 billion foreign exchange swaps contracts, it said on Wednesday, the latest FX market intervention in the face of the real’s 12% slide this year to a series of record lows against the dollar.