Posts Tagged ‘brazilian’

EMERGING MARKETS-Brazil real seesaws in Mantega, Tombini tug of war

by Forex Rooton November 23, 2012 4:05 pm BST
Fri Nov 23, 2012 11:05am EST * Real weakens to 2.11/dlr as Mantega says FX rate 'reasonable' * Central bank calls swap auction, props real back to 2.09/dlr* Markets wonder whether new informal band ceiling at 2.12By Walter Brandimarte and Natalia CacioliRIO DE JANEIRO, Nov 23 (Reuters) - The Brazilian real temporarily weakened past

UPDATE 2-Brazil cenbank says ready to act if real weakens too much

by on November 22, 2012 5:00 pm BST
Thu Nov 22, 2012 12:00pm EST * Cbank chief Tombini says ready to increase supply of dollars * Tombini says central bank has no official currency band* Real gains, analysts divided on ceiling of FX bandBy Tiago Pariz and Alonso SotoBRASILIA, Nov 22 (Reuters) - Brazilian policymakers stand ready to protect the local currency

Statoil lifts recovery at Peregrino

by on November 14, 2012 10:47 am BST
Statoil has significantly boosted recoverable oil resources at its producing Peregrino field off Brazil after lifting the recovery rate through the application of new technology.The Norwegian operator has now increased estimated producible volumes at the heavy oil field to between 300 million and 600 million barrels, having drilled 15 production wells using

UPDATE 1-Brazil may issue foreign debt to aid local companies

by on November 9, 2012 4:57 pm BST
Fri Nov 9, 2012 11:57am EST BRASILIA Nov 9 (Reuters) - Brazil may issue foreign debt this year to help improve conditions for local companies trying to raise money overseas, Treasury Secretary Arno Augustin said on Friday.He did not provide details on the possible issuance."We try to facilitate fund-raising in foreign