(Bloomberg) -- Brazil’s swap rates rose further after President Luiz Inacio Lula da Silva bolstered criticism of the central bank, saying high interest rates are ruining the economy while failing to ...

Brasil Foods plans to swap assets with rival Marfrig to meet a watchdog competition ruling on the merger that created the company. Brasil Foods, Brazil’s biggest food processor, was formed when ...

The Central Bank of Brazil has sold foreign exchange (FX) swap contracts worth $791 million at an auction, The Wall Street Journal reports. The deal accounted for 18 percent of the total swap ...

Brazil is planning to carry out a reverse swap auction, The Wall Street Journal reports. The auction will allow investors to exchange contracts tied to the U.S. dollar for paper indexed to domestic ...