Brazil’s Real Rises as Tombini Says Swap Decision Yet to Be Made
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Brazil’s real climbed as central bank President Alexandre Tombini didn’t rule out extending an intervention program supporting the currency.
The real gained 0.2 percent to 2.5960 per U.S. dollar at the close of trade in Sao Paulo after falling 0.5 percent earlier today. The currency closed at a nine-year low Nov. 17.