Friday, June 29, 2007

Brazil central bank holds auction to buy dollars

(Reuters) - The bank has aggressively bought dollars over the past year
to increase reserves and, indirectly, blunt the real's gains.
It has bought nearly $49 billion on the spot market so far in
2007, surpassing the $35.1 billion it bought in all of 2006.




Read more at Reuters.com Bonds News

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