Edition:
United Kingdom

Jose Gomes Neto

UPDATE 3-Brazil central bank to continue FX intervention on Wednesday as real nears record low

27 Aug 2019

BRASILIA/SAO PAULO, Aug 27 The Brazilian central bank waded into the foreign exchange market on Tuesday in a rare sale of dollars on the spot market after the real slumped to its weakest level against the greenback in almost a year and within sight of its all-time low.

UPDATE 1-Brazil to sell dollars outright for first time since 2009

15 Aug 2019

SAO PAULO/BRASILIA, Aug 14 Brazil's central bank said on Wednesday it would sell dollars outright in the spot currency market this month for the first time in over a decade, changing its regular market operations in response to rising demand for liquidity.

Brazil markets on forex intervention alert as real slide accelerates

17 May 2019

BRASILIA/SAO PAULO The rapid acceleration of the Brazilian real's slide against the dollar this week has put traders on high alert for intervention from the central bank to stop the rot, although so far there is no sign the central bank has shown its hand.

World News

Hong Kong campus holdouts seek great escapes

Anti-government protesters holed up in a Hong Kong university searched for escape routes on Tuesday after more than two days of clashes with police, dramatic breakouts by rope and motorcycle and more than 1,000 arrests in 24 hours.