Brazilian Central Bank Curbs Dollar Surge with Swap Auctions

On a day when U.S. markets paused, the Brazilian Real saw a slight resurgence against the U.S. dollar, which closed at R$5.6148, marking a 0.36% decline. This shift broke the dollar’s recent upward trend as September commenced. Typically, the dollar’s performance is reflected against a basket of six major currencies through the DXY index, which […]