Monday, January 19, 2009

The central bank of Brazil sells $2.5 billions in exchanges of forex

The central bank of Brazil sold approximately $2.5 billion in a bidding the contracts operation of barter currencies Monday, rolling above the values which mature the next month.

The bank sold each of the 51.000 contracts on sale in the bidding, the first sale of permutes approximately a month inside. The sale prolonged the maturity of the values due on February 2.

Brazil's currency, the true BRBY, traded 0.5 percent stronger with 2.332 per dollar little time after the bidding.

The central bank began again to sell contracts of exchange of the dollar in October of 2008 after a two years hiatus, one several measurements which it took to add the liquidity to the financial system. It also sold dollars of its exchange market of reservations on the spot and international operations of pension of the dollar.

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