EMERGING MARKETS-Brazil real strengthens as central bank resumes intervention
January 17, 2017 at 09:13 AM EST
By Bruno Federowski SAO PAULO, Jan 17 (Reuters) - The Brazilian real strengthened on Tuesday as the central bank resumed market intervention after standing pat for a month. The central bank sold $600 million worth of traditional currency swaps, which function like dollar sales for future delivery to investors, to roll over February maturities. The bank had refrained from intervening since Dec. 12 as the currency consolidated near 3.2 to the dollar. The real firmed 0.76 percent to 3.