Bloomberg Brazil’s Real advanced as the central bank refrained from intervening to weaken the currency for the third straight session and amid speculation former bank chief Henrique Meirelles would become finance minister if President Dilma Rousseff is ousted. The currency gained 0.4 percent to 3.5165 per dollar as of 9:02 a.m. in Sao Paulo, extending its gain this year …

  Bloomberg Brazilian banks will write fewer mortgages this year as delinquency rates climb amid the country’s worst recession in more than a century, according to Moody’s Investors Service. State-owned lender Caixa Economica Federal, which issues almost three-fourths of housing loans in Brazil, also faces higher financing costs, imperiling its ability to write new mortgages, Moody’s said in a report. …

  Bloomberg YPF SA is set to export crude oil from Argentina for the first time in two years next month, taking advantage of a new government subsidy. It was the state-controlled oil company’s first use of an incentive announced last month to spur drilling amid low oil prices. YPF sold 200,000 barrels of Escalante crude to PetroChina Co. as …