Brazil's real up on biggest single day gain ever

BRAZIL - Brazil's real broke a nine-session losing streak Thursday posting its biggest single day gain ever on hopes that help from the International Monetary Fund is on its way.

The real was also boosted by a large central bank intervention that saw the monetary authority sell at least $235 million on the spot market to ease liquidity a day after the real plunged 5.5 percent.

The real closed 3.16 to the dollar Thursday up 9.22 percent from Wednesday's close of 3.47.

Brazil's currency is feel

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: