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Weekly Report - 28 November 2019 (WR-19-47)

TRACKING TRENDS

BRAZIL | Real struggles in face of strong dollar. On 26 November, Brazil’s central bank (BCB) intervened in an attempt to contain the devaluation of the Brazilian real, selling US dollars from its foreign reserves on the swap market twice after the real sank to R$4.28/US$1, an all-time low.

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