Brazil's foreign exchange move paves way to reduce $385 billion reserve stash

BRASILIA (Reuters) - Brazil's decision to sell dollars on the spot market for the first time in a decade is a sign the central bank is finally willing to reduce its $385 billion pile of foreign exchange reserves, analysts said.Officially, the central bank's announcement on Wednesday that it will sell dollars - along with existing sales of reverse currency swaps - was designed to meet rising demand due to global market volatility and does not reflect a change in the central bank's floating..