Central Bank Key Facts —The headline. June swaps lost R$9.277bn ($1.80bn) on the cash measure, against a R$1.375bn gain in May. —The other line. Reserves management earned R$24.893bn ($4.83bn) in the very same release. —The mirror. In January swaps gained R$42.534bn while reserves lost R$71.206bn. The signs always oppose. —The premium. Net reserves came to […] The post Brazil’s Central Bank Lost $1.8bn on Swaps, Made $4.8bn on Reserves appeared first on The Rio Times.