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

Press Freedom Gets Better, But It’s Still Dangerous to Be a Reporter in Brazil

The world ranking for freedom of press in 175 countries as reported by French ...

Brazilian President’s Latest African Tour Starts in Algeria

Brazilian President Luiz Inácio Lula da Silva in Algiers, where he will meet president ...

Textile Production Falls in Brazil. Chinese Are Blamed.

Between January and April of this year, the São Paulo, Brazil, textile industry produced ...

Jewish Leader in Brazil Accuses Israel of Doing Dirty Work in Lebanon

The president of the Israelite Confederation in Brazil, rabbi Henry Sobel, informed that the ...

Better Wages Help Food Industry in Brazil Grow 21% This Year

In Brazil, revenues by the food industry grew 1.86% in June, compared with the ...

Blame US Apathy for Growing Anti-Americanism in Brazil and Latin America

In Brazil, my native country, there is a joke about a man who every ...

For Minister, High Interests and Low Dollar Are Hurting Brazil

During a breakfast press conference on Thursday, December 8, Brazil’s Minister of Development, Industry ...

Brazil’s Old-Time Watering Holes Botequins Go Digital

Ya Mogu, a Brazilian based digital signage company has started a bar network based ...

2011 Not a Good Year for Brazil’s Stocks: 18% Down

In spite of a slight gain in the last trading day of 2011 the ...

Brazil cattle in Mato Grosso state

Europe Tells Brazil to Clean Up Its Act or Suffer Total Beef Ban

Animal health authorities in Brazil have been told in no uncertain terms that the ...