Brazil offers to buy dollars in spot forex market
SAO PAULO, May 21 (Reuters) - Brazil's central bank offered to buy dollars in the spot foreign exchange market on Thursday, seeking to soak up a flood of greenbacks flowing into the country for a tenth straight session.
The real (BRBY: Quote, Profile, Research) was trading 0.4 percent stronger at 2.021 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 gained close to the psychologically key mark of two per dollar.
(Reporting by Jenifer Correa; Writing by Elzio Barreto)
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