Dilma reúne ministros para definir cortes no orçamento–fontes
17 de janeiro de 2012Grécia vai negociar novos empréstimos com o FMI
19 de janeiro de 2012Brazil’s real gained after a report that the International Monetary Fund is seeking to expand lending resources to insulate the global economy from the European debt crisis boosted demand for higher-yielding assets.
The real rose 0.4 percent to 1.7779 per U.S. dollar at 9:32 a.m. in Sao Paulo, from 1.7873 yesterday.
The real strengthened with most other major and emerging- market currencies following a report that the IMF is proposing a $1 trillion expansion of its lending resources to insulate the global economy against any worsening of Europe’s debt crisis, according to an official at a Group of 20 nation.
“The main news today is that the IMF is considering increasing its rescue fund,” Luciano Rostagno, chief strategist at Banco West LB in Sao Paulo, said in a telephone interview. “This helps reduce worry about a breakdown in Europe.”
Yields on the Brazilian interest-rate futures contract due in January 2013 fell four basis points, or 0.04 percentage point, to 10.02 percent.
