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IPFS News Link • Brazil

Brazil Central Bank Intervenes As Real Crashes Near Record Lows

• https://www.zerohedge.com by Tyler Durdan

BCB reportedly intervened at 4.20 "to provide liquidity" adding that intervention intensity and frequency will depend on the market. The BCB also attempted to provide some confidence by reaffirming that monetary policy is not directly linked to recent market shocks.

For now, the Real has stabilized.


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