Last week we noted that primary dealers in South Africa government bonds were effectively given a half day to coincide with the start of the world cup (FX comment: When does the world cup start?).
It seems that the Brazilian central bank is of like mind with the South African national treasury: I’m told that Sisbacen (the Brazilian central bank information system and where all BRL FX deals have to be registered) was closed from 1.30pm
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