NEWS IN ENGLISH – Central Bank sells another $1.6 billion dollars as pressure on real continues

05/10/2011 10:27

Kelly Oliveira      Reporter Agência Brasil


Brasília – In its third dollar-selling operation this year, the Brazilian Central Bank once again sold dollars on Tuesday, October 4. This time the amount was $1.649 billion in what are called swap auctions.


Before these most recent swaps (on September 22 and October 3 and 4), the last one by the Brazilian Central Bank was on June 26, 2009.


Allen Bennett – translator/editor The News in English - content modified

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