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January Rollover of Brazil Currency Swaps

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Market News – Brazil’s central bank plans to start auctions next Monday. They aim to replace $15.5 billion in currency swaps that will end on Jan. 2. They will keep holding these auctions every day until they’ve replaced all the expiring swaps. These actions by the bank help in offering protection against currency changes and keeping the money market stable.

  • 29 October 2023
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