Brazil's central bank calls auction to buy dollars
SAO PAULO, May 20 (Reuters) - Brazil's central bank offered to buy dollars on the spot foreign exchange market on Wednesday, seeking to soak up a flood of greenbacks flowing into the country for a ninth straight session.
The real (BRBY: Quote, Profile, Research) was trading 0.8 percent stronger at 2.019 per U.S. dollar shortly after the central bank announcement.
On May 8, the bank bought dollars for the first time in eight months as the real drew closer to a rate of two per dollar, seen as a key psychological level. (Reporting by Jose de Castro, Writing by Elzio Barreto)
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