On December 30, 2024, Brazil's Central Bank (BC) conducted a foreign exchange auction, selling $1.815 billion in an effort to stabilize the currency. This follows a previous auction where the bank sold $1.8 billion. Meanwhile, the U.S. Federal Reserve participated in the Treasury market, submitting bids totaling $5 billion for 3-month Treasury bills and $4.3 billion for 6-month bills. Additionally, the Federal Reserve's reverse repo operation saw 57 counterparties take up $260.743 billion. In Egypt, the Central Bank of Egypt (CBE) announced an upcoming auction for $800 million in T-bills to settle prior issuances. These actions reflect ongoing efforts by central banks to manage liquidity and currency stability in their respective markets.
⭕️ El BCRA volvió a comprar dólares luego de fuertes ventas, pero las reservas bajaron casi u$s2.000 millones | Más información en https://t.co/wLQDCFofl0 https://t.co/967ok4uNi7
57 counterparties took $260.743 billion at the Federal Reserve's reverse repo operation. #FederalReserve #reverserepo
Mais um leilão! Banco Central vende US$ 1,8 bilhão em leilão para tentar controlar câmbio https://t.co/nmM5bMwYO7