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2 results for “exchange rate volatility”

Brazil Central Bank Rolls Over $1 Billion in FX Debt to Curb Exchange Rate Volatility
Currencies• Aug 17

Brazil Central Bank Rolls Over $1 Billion in FX Debt to Curb Exchange Rate Volatility

Brazil's Central Bank sold $1 billion in a line auction with a repurchase agreement to manage the rollover of short-term contracts and provide dollar liquidity.

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.