/i.s3.glbimg.com/v1/AUTH_da025474c0c44edd99332dddb09cabe8/internal_photos/bs/2023/1/X/nkkB7tSdirnIUbGhakCQ/favicon-o-globo.png){kind=small}
/i.s3.glbimg.com/v1/AUTH_63b422c2caee4269b8b34177e8876b93/internal_photos/bs/2018/e/e/PAMa3oQXOPBUOsGgFyFw/valor-tenant-icon.png){kind=icon}
/i.s3.glbimg.com/v1/AUTH_59edd422c0c84a879bd37670ae4f538a/internal_photos/bs/2021/H/w/YbA657S3aYVfC0P9wboQ/g1-favicon.png){kind=small}
Overview
- Brazil’s central bank sold 10,000 reverse‑swap contracts Wednesday, a US$500 million purchase of dollars in the futures market.
- It was the first standalone use of this tool since 2016 and it aims to pare the bank’s roughly US$96 billion swap exposure.
- The auction lifted the onshore dollar 0.17% to R$4.9207 by pushing up futures prices, even as the U.S. currency fell against most peers.
- Reports of a preliminary one‑page understanding between the U.S. and Iran to halt fighting spurred a broad risk rally, with Nasdaq and S&P 500 setting records and Brazilian DI rates dropping more than 20 basis points on key contracts.
- Oil kept sliding, with Brent dipping below US$100 on Thursday after an almost 8% drop Wednesday on hopes for a gradual reopening of the Strait of Hormuz.