On Friday US dollar is offered to buy by Brazil�s Central Bank on spot forien Exchange market. And Brazil�s central Bank looking for soaking up a flood of greenbacks pour into the country. Brazil’s currency, the real BRBY, was trading 0.05 percent stronger at 1.951 per U.S. dollar shortly just before the bank’s announcement.
The bank has bought dollars every session since May 8. On Wednesday it said it had bought $1.69 billion on the spot market last month through June 26.