Brazil’s Foreign Exchange Deficit Over US$ 4 Billion This Month

US dollar The balance of dollar inflow and outflow in the country until the 24th this month, after 18 business days, was negative by US$ 4.397 billion. The exchange flow figures were disclosed today by the Central Bank of Brazil. During the same period in 2007, the exchange flow was positive by US$ 3.365 billion.

During the period, the balance of financial operations (stock market investment, for instance, direct investment, and remittances of profits and dividends, among others) is negative by US$ 6.131 billion. In the same period of 2007, the figure was negative by US$ 1.770 billion.

The trade flow recorded a surplus of US$ 1,734 billion, with US$ 11.202 billion in exports and US$ 9.468 billion in imports. In the accumulated result for the year, the trade flow surplus remains positive by US$ 12.791 billion, as against US$ 73.618 billion in the same period of 2007.

So far this year, the country is running a financial deficit of US$ 32.214 billion and a trade surplus of US$ 45.005 billion. Exports total US$ 159.832 billion and imports, US$ 114.828 billion.

In the same period of 2007, financial operations ran a surplus of US$ 8.013 billion, and the balance of trade recorded a US$ 65.606 billion surplus.

ABr

Tags:

You May Also Like

The King of the River

CDs or Books by Keyword, Title or Author By Hélio Pólvora À memória de ...

Many Brazilian Youngsters Refuse the Label of Politically Inactive

In Brazil, the younger generations are often criticized for keeping a distance from politics. ...

Having Learned from US Mistakes China Goes Soft to Win Brazil and LatAm’s Hearts

On November 5, 2008, the Chinese government released a policy paper on Latin America ...

Time of World Cup in Brazil

World Cup Brings Out the Best and Worst in Brazil

The World Cup brings out much that is great about living in Brazil but ...

Wonder Waters

Jorge Amado By Brazzil Magazine Mineral Spa Towns The southern mineral spa towns of ...

Hot Names

For all the globalization and Americanization of Brazil it’s a surprise to see there ...

Public Admission of Being Gay Lands Brazilian Army Officers in Jail

Two Brazilian Army sergeants were arrested Tuesday, June 3, yesterday at a TV Network ...

Brazil’s Industrial Park Committed to Ban Illegal Amazon Timber

The seven municipal administrations that comprise the Greater ABC region of metropolitan São Paulo ...

Brazil’s Own Air Force 1 Flies into Turbulence

President Lula might be wondering whether the order should ever have been made. On ...

Brazil TAM and LAN Chile Start Code-Sharing Throughout South America

Starting November 5, Brazil's flagship airline TAM and the LAN alliance, which includes LAN ...

WordPress database error: [Table './brazzil3_live/wp_wfHits' is marked as crashed and last (automatic?) repair failed]
SHOW FULL COLUMNS FROM `wp_wfHits`