BRAZIL'S CENTRAL BANK SELLS DOLLAR RESERVES FOR THE FIRST TIME IN TEN YEARS

RIO DE JANEIRO, BRAZIL - The Brazilian Central Bank (BC) began auctioning on Wednesday, August 21, US$200 (R$800) million Dollars from its currency reserves to ensure the increasingly volatile exchange rate. This type of operation had not occurred since February 2009, at the height of the global economic crisis caused by the collapse of subprimes […] The post Brazil’s Central Bank Sells Dollar Reserves for the First Time in Ten Years...

TheRioTimes.com (Date:08/22/2019 16:22) Read full article >>

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