SAO PAULO, (Reuters) - Brazil's central bank offered to buy U.S. dollars in the spot foreign exchange market on Friday, seeking to soak up a flood of greenbacks flowing into the country for a 16th straight session.
The real BRBY was trading 1.89 percent stronger at 1.971 per U.S. dollar shortly after the central bank announcement. The currency pierced the psychologically important 2-per-dollar mark for a second session in three.
On May 8, the central bank bought dollars for the first time in eight months as the real moved close to the key level. (Reporting by Jose de Castro; Writing by Elzio Barreto; Editing by James Dalgleish)
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