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Brazil's currency, the real, firmed on Friday in very thin trade due to a holiday in the financial capital of Sao Paulo, as banks adjusted their positions after a fall the previous day.
Only a handful of spot operators, mainly in Rio de Janeiro and the national capital Brasilia, were in the market, where the currency edged up 0.59 percent to 3.04 per dollar by midday.
The real shed 0.7 percent on Thursday.
Traders noted any deal in such thin trade pushed the market up or down quite strongly, but it was not necessarily indicative.

Copyright Reuters, 2004

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