
Brazil's central bank president announced up to $20 billion of extra foreign-exchange swap auctions to curb the dollar's rise. The real had closed down 2.3% that day, its weakest level since March 2016.
The central bank blamed the depreciation on tighter external conditions as US rate increases pull capital from emerging markets.
Large swap intervention is aimed at limiting real weakness, which would otherwise make Brazilian soy and corn cheaper for export. The outcome for the real will determine how aggressively Brazilian exporters sell into global markets.
92 geçmiş nötr makro olayları olayından sonra, Brezilya reali (USD başına BRL) 5 seansta medyan +%0,4 hareket etti (%58 daha yüksek; orta yarı %-0,7 ile +%1,4 arası) ve 20 seansta +%0,4.
Her emtianın referansının olaydan önceki son kapanışa göre hareketi. Geçmiş okumalar aynı türdeki geçmiş olayları birleştirir; neyin olduğunu anlatır, neyin olacağını değil. Yatırım tavsiyesi değildir.
Real closed down 2.3% to its weakest since March 2016, prompting a $20B swap program; confirms external capital outflow pressure from US rate hikes.
The real closed down 2.3% to its weakest since 2016 and the central bank announced a $20bn swap program, reflecting severe dollar demand and tighter external conditions.