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Brazil's real gains as central bank sells $3 billion in spot auction

ReutersDec 26, 2024 12:37 PM

- Brazil's central bank sold $3 billion in a spot auction on Thursday, extending a series of interventions in the foreign exchange market amid a greenback outflow from Latin America's largest economy.

Following the auction, which had been announced late on Monday ahead of the Christmas holiday, the Brazilian real strengthened 0.5% against the U.S. dollar.

(Reporting by Marcela Ayres; Editing by Gabriel Araujo)

((marcela.ayres@thomsonreuters.com; +55 11 5047-2444;))

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