SAO PAULO, Feb 2 (Reuters) - Brazil's currency on
Thursday strengthened past 5.00 per dollar in the spot market
for the first time since June 2022 after a hawkish policy
statement from the central bank at its rate-setting meeting a
day earlier.
The central bank on Wednesday kept its benchmark interest
rate at a six-year high of 13.75% and said it was considering
holding the policy rate at that level for longer than markets
expect due to fiscal risks.
(Reporting by Luana Maria Benedito
Writing by Gabriel Araujo
Editing by Brad Haynes)
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