Brazil central bank announces $2 bln dollar auction with repurchase agreement
ReutersJan 28, 2025 10:36 PM
Adds details of the auction in paragraphs 2-3
SAO PAULO, Jan 28 (Reuters) - The Brazilian central bank will offer up to $2 billion at a dollar auction with repurchase agreement on Wednesday morning, the monetary authority announced in a statement on Tuesday.
The auction, which will start at 10:20 am local time, will be the second additional intervention from the Brazilian central bank this year.
The dollars' repurchase is set to take place on January 5, 2026, according to the central bank.
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