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4 results for “FX swaps”

Brazil’s Central Bank’s ‘Married Operations’ Stabilize Real Amid High Selic Rate
Currencies• Aug 11

Brazil’s Central Bank’s ‘Married Operations’ Stabilize Real Amid High Selic Rate

Brazil's Central Bank uses simultaneous spot sales and reverse FX swaps to manage USD/BRL volatility, boosting the carry trade.

Brazil’s Central Bank Deploys ‘Casadão’ FX Operation to Target Carry Trade Mechanics, Not Spot Rate
PROCurrencies• Aug 07

Brazil’s Central Bank Deploys ‘Casadão’ FX Operation to Target Carry Trade Mechanics, Not Spot Rate

The Banco Central do Brasil's simultaneous FX action aims to cut the FX coupon, favoring the lucrative carry trade in the Brazilian Real while increasing hedging costs.

Brazil Central Bank Announces Rollover of September FX Swaps to Maintain Real Liquidity
PROCurrencies• Jul 28

Brazil Central Bank Announces Rollover of September FX Swaps to Maintain Real Liquidity

The Brazil Central Bank is rolling over its traditional FX swaps, signaling its intent to manage market liquidity ahead of the September expiry.

BCB FX Interventions Target Volatility and Market Functionality, Not Long-Term BRL Rate Level
Currencies• Jul 27

BCB FX Interventions Target Volatility and Market Functionality, Not Long-Term BRL Rate Level

The Brazilian Central Bank uses FX swaps and dollar repos to smooth price swings in the USD/BRL, maintaining a strict policy against determining the exchange rate level.