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Live Updates  >  Live Update Details

2026-07-18 05:38:12

According to market sources, Brazil will conduct a foreign exchange swap contract auction on July 20, with a maximum contract size of 50,000 contracts. Such foreign exchange swap auctions are a common market-based operation used by the Brazilian monetary authorities to regulate foreign exchange market liquidity and stabilize exchange rate expectations. They can, to some extent, hedge against exchange rate volatility risks and ensure the smooth operation of the foreign exchange market.

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