ABU DHABI/WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message …
Read More »Brazil’s central bank props up world’s worst currency
Bloomberg Brazil’s central bank announced it will sell dollars in the spot market for the first time this year, boosting its efforts to support the currency after a dire week. Policy makers will offer as much as $1 billion in a spot dollar auction. The central bank had been stepping into the foreign exchange markets only via swap auctions, of …
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