Brazil Real Rises as Commodity Rally Offsets Central Bank Move

  • Central bank acts first time this week to curb real's rally
  • Currency jumped to the highest level since July 2015

Brazil’s real climbed to the highest level since July as commodities prices rallied, overshadowing plans by the central bank to sell reverse-swap contracts that tend to weaken the currency.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.