Brazil central bank sells $2 billion in first 2025 FX intervention
ReutersJan 20, 2025 2:12 PM
SAO PAULO, Jan 20 (Reuters) - Brazil's central bank on Monday sold a total of $2 billion in two separate dollar auctions with repurchase agreement, it said in statements, its first foreign exchange intervention this year after selling more than $30 billion in December.
The latest interventions are also the first under new central bank governor Gabriel Galipolo, appointed by President Luiz Inacio Lula da Silva.
(Reporting by Isabel Teles; Editing by Gabriel Araujo)
((Isabel.Teles@thomsonreuters.com;))
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