Brazil Real Rises as U.S. Jobs Report Supports Stimulus Outlook
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Brazil’s real rose for the first time in three days as a U.S. payrolls report added to speculation that the Federal Reserve will maintain a stimulus program that has supported emerging-market assets.
The currency appreciated 0.1 percent to 2.1723 per U.S. dollar in Sao Paulo. Swap rates on contracts maturing in January 2015 fell four basis points, or 0.04 percentage point, to 10.53 percent.