November 10, 2016 / 2:33 PM / 2 years ago

Brazil cenbank will not put more pressure on FX market -Goldfajn

SANTIAGO, Nov 10 (Reuters) - Brazilian central bank chief Ilan Goldfajn said on Thursday that policymakers would act to ease pressure on the local real currency, which tumbled in the wake of the election of Donald Trump as U.S. president.

Speaking to reporters at an event in Chile, Goldfajn said the central bank will only resume the reduction of its stock of traditional dollar swaps once market conditions allow it.

The real plummeted 4 percent on Thursday, following other Latin American currencies that fell sharply on worries of a potential trade shock under a Trump government. (Reporting by Anthony Esposito; Writing by Alonso Soto; Editing by Daniel Flynn)

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