FILL FILL Brazil's Central Bank Buys Dollars At BRL1.8042
FILL FILL Brazil's Central Bank Buys Dollars At BRL1.8042
RIO DE JANEIRO (Dow Jones)--The Brazilian Central Bank bought U.S. dollars at a snap auction Friday for 1.8042 reals to the dollar, the bank said.
The bank did not reveal the volume of dollars purchased.
The central bank has intervened in currency markets in recent days to prop up the dollar and limit a recent surge in the real amid heavy foreign-investment inflows.
-By Jeff Fick, Dow Jones Newswires; 55-21-2586-6085; jeff.fick@dowjones.com
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