FILE PHOTO: Brazil’s Central Bank President Ilan Goldfajn gestures during an interview with Reuters in Brasilia, Brazil, April 3, 2018. REUTERS/Adriano Machado
June 7, 2018
SAO PAULO (Reuters) – Brazil’s Central Bank and Treasury will provide liquidity to the currency and interest rate markets “as long as needed”, Central Bank Governor Ilan Goldfajn said on Thursday, following a steep slide in the real currency. <BRL=>
Goldfajn told a news conference the central bank would offer up to $20 billion in currency swaps through the end of next week and did not rule out using Brazil’s foreign reserves to intervene in the currency spot market.
(Reporting by Mateus Maia; Writing by Tatiana Bautzer; Editing by Daniel Flynn)
