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Brazil central bank sells $2 billion in first 2025 FX intervention

BY Reuters | ECONOMIC | 01/20/25 09:12 AM EST

SAO PAULO, Jan 20 (Reuters) - Brazil's central bank on Monday sold a total of $2 billion in two separate dollar auctions with repurchase agreement, it said in statements, its first foreign exchange intervention this year after selling more than $30 billion in December.

The latest interventions are also the first under new central bank governor Gabriel Galipolo, appointed by President Luiz Inacio Lula da Silva. (Reporting by Isabel Teles; Editing by Gabriel Araujo)

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