The Brazilian real posted another negative session today as movements in the central bank led traders to speculate that further measures will be taken to halt the real’s rally, which already rose 34 percent versus the greenback this year.

After a central banker was transferred to the Brazilian Finance Ministry yesterday, concerns rose that both federal institutions are likely to coordinate further measures to control the real’s rally, forcing the Brazilian currency down in foreign-exchange markets today.

USD/BRL traded at 1.7365 as of 19:03 GMT from an opening rate today of 1.7240.

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