Brazil offers to buy dollars in spot forex market

Brazil's central bank offered to buy dollars in the spot foreign exchange market on Friday, seeking to soak up a flood of greenbacks flowing into the country for an 11th straight session.

The real BRBY was trading 0.4 percent stronger at 2.03 per U.S. dollar shortly after the central bank announcement.

On May 8, the bank bought dollars for the first time in eight months as the real gained close to the psychologically key mark of two per dollar.