{"id":195880,"date":"2018-06-15T10:15:43","date_gmt":"2018-06-15T13:15:43","guid":{"rendered":"https:\/\/anba.com.br\/?p=195880"},"modified":"2019-06-30T12:41:58","modified_gmt":"2019-06-30T15:41:58","slug":"central-bank-usd-10-bn-hold-dollar-back","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/central-bank-usd-10-bn-hold-dollar-back\/","title":{"rendered":"Central Bank: USD 10 bn to hold dollar back"},"content":{"rendered":"<p>Bras\u00edlia \u2013\u00a0 The Brazilian Central Bank said on Thursday (14) that it will offer an additional USD 10 billion in currency swap contracts starting next week. The move is designed to increase foreign exchange market liquidity in a bid to prevent volatility in US dollar prices. Thursday saw the dollar close up 2.5% to BRL 3.8119, the highest price in 13 months.<\/p>\n<p>\u201cThe amount [USD 10 billion] may change up or down, depending on market prices. The Central Bank reaffirms that it does not see why currency swaps cannot considerably exceed the maximum volumes from the past,\u201d the Bank said in a press release. Apart from the 0.25% interest rate hike announced by the Federal Reserve on Wednesday, news that the European Central Bank is ending its bond purchase program at the end of the year have drove dollar prices up in Brazil.<\/p>\n<p>\u201cThe Central Bank will continue to keep track of foreign exchange market conditions and working to provide liquidity and ensure the market is working properly,\u201d the press release reads.<\/p>\n<p><strong>Translated by Gabriel Pomerancblum<\/strong><\/p>\n<div class=\"credits-overlay\" data-target=\".wp-image-195073\">Ag\u00eancia Brasil<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Brazilian monetary authority said it will offer currency swap contracts starting next week to reduce volatility of the United States currency.<\/p>\n","protected":false},"author":2315,"featured_media":195073,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[91],"tags":[1803,3270,3272,2778,3271],"class_list":{"0":"post-195880","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-central-bank","9":"tag-currency-swap","10":"tag-federal-reserve","11":"tag-us-dollar","12":"tag-volatility"},"wps_subtitle":"The Brazilian monetary authority said it will offer currency swap contracts starting next week to reduce volatility of the United States currency. ","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/195880","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2315"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=195880"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/195880\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/195073"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=195880"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=195880"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=195880"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}