MNI China Press Digest Jan 2: Domestic Demand, Debt, Housing

MNI: PBOC Net Drains CNY273.8 Bln via OMO Thurs

MNI: PBOC Sets Yuan Parity Lower At 7.1879 Thurs; -2.83% Y/Y

CHINA DEC CAIXIN MANUFACTURING PMI 50.5 VS 51.5 IN NOV

MNI China Daily Summary: Tuesday, December 31

MNI China Press Digest Dec 31: PBOC, Panda Bonds, EVs

MNI:US OCT FHFA HPI SA +0.4% V +0.7% SEP; +4.5% Y/Y

MNI: US REDBOOK: DEC STORE SALES +5.5% V YR AGO MO

EZ/UK T-Bill Calendar: 1/3/6-Month UKTB Auction on Friday

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2025 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

BRAZIL: Further Currency Intervention Brings Spot Total to ~$22 Billion

BRAZIL
BulletEM BulletEmerging Market News
  • ”BRAZIL SELLS $1.815B IN USD SPOT AUCTION” (BBG)
  • USDBRL extends losses in recent trade to around 6.1750, now down 0.30% following another round of intervention. For reference, the BCB had previously intervened by selling just under US$20 billion in spot and US$11 billion in FX repo lines, comfortably marking the largest intervention in a single month since the pandemic in 2020.
60 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
  • ”BRAZIL SELLS $1.815B IN USD SPOT AUCTION” (BBG)
  • USDBRL extends losses in recent trade to around 6.1750, now down 0.30% following another round of intervention. For reference, the BCB had previously intervened by selling just under US$20 billion in spot and US$11 billion in FX repo lines, comfortably marking the largest intervention in a single month since the pandemic in 2020.