Brazil’s real rises after intervention, broader Latam FX steady
Thu, Dec 26, 2024 9:32 PM

Brazil’s real rises after intervention, broader Latam FX steady

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Most Latin American currencies were broadly stable in holiday-thinned trade on Thursday, though Brazil's real advanced against the dollar after its central bank intervened in the forex market to support the sliding currency. Brazil's real gained 0.5% against the dollar after its central bank sold $3 billion in a spot auction, extending a series of interventions in the foreign exchange market.

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