Brazil firms boost hedges as currency swings, debt soars
July 22, 2013 at 14:50 PM EDT
SAO PAULO, July 22 (Reuters) - Brazilian companies, seeking to buffer their growing foreign debt from the impact of a surging U.S. dollar, are stepping up demand for hedges known as non-deliverable forward contracts, data by Cetip SA Mercados Organizados showed on Monday.
