(Bloomberg) -- Brazil's real fell from a six-year high after the central bank sold nearly five times more reverse currency swap contracts today than in past weeks.
The central bank today sold all 63,050 reverse currency swap contracts offered at an auction, compared with the 12,700 contracts usually sold in past weeks. Surging Brazilian shares have helped push up the real. The nation's benchmark stock index set a record high today.
Read more at Bloomberg Currencies News
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