Bloomberg News

Brazilian Real Holds Near One-Week High; Swap Rates Decrease

October 16, 2012

Currency little changed at 2.0345 per U.S. dollar at 10:18 a.m. in Sao Paulo. * Swap rates on contract due in January 2014 fall 2 bps, or 0.02 percentage point, to 7.44% * German investor confidence gained for a second month in October, according to ZEW Center for European Economic Research

To contact the reporter on this story: Gabrielle Coppola in Sao Paulo at gcoppola@bloomberg.net

To contact the editor responsible for this story: David Papadopoulos at papadopoulos@bloomberg.net


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