Brazil's central bank to hold first 2025 FX intervention on Jan. 20
ReutersJan 17, 2025 11:01 PM
SAO PAULO, Jan 17 (Reuters) - Brazil's central bank will hold two line auctions with a total offer of $2 billion on Jan 20, it said in a statement on Friday.
Monday's intervention will mark the central bank's first extra supply of dollars in 2025. The line auctions will take place on the day that U.S. President-elect Donald Trump takes office.
(Reporting by Fabricio de Castro; Writing by Isabel Teles; Editing by Aida Pelaez-Fernandez)
((Isabel.Teles@thomsonreuters.com;))
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