Brazil: Dollar Inflow Falls Dramatically from US$ 85 Bi to US$ 5 Bi

Counting US dollar Brazil's flow of exchange (the sum of dollar inflow and outflow into Brazil) remained positive at US$ 7 million in the first week of December and accumulated US$ 5.397 billion this year.

The figures are much lower than the ones recorded during the same periods last year: US$ 2.660 billion and US$ 84.717 billion, respectively. The figures were disclosed today by the Central Bank of Brazil.

In the first five business days of the year, the financial account (recording of capital inflow and outflow at Stock Exchanges, investment in bonds, remittances of profits and dividends to foreign countries, foreign direct investment, among other operations) was negative at US$ 1.081 billion.

And the trade account, which includes balance of trade, advances on exchange contracts – ACC – and advance payment Advance on Export Contracts – ACE, ran a surplus of US$ 1.088 billion.

So far this year, the financial flow recorded a negative result of US$ 43.711 billion, as against a surplus of US$ 10.765 billion during the same period last year.

The trade account posted a US$ 49.107 billion surplus, as against US$ 73.952 billion in the same period last year. Exports totaled US$ 179.642 billion and imports reached US$ 130.535 billion. In the same period last year, the figures were, respectively, US$ 173.346 billion and US$ 130.535 billion.

ABr

Tags:

You May Also Like

Brazil Sees Biotecnology as Panacea for Economic and Ecological Ills

The biotechnology development policy, launched on Thursday, February 8, by Brazilian President Luiz Inácio ...

Street vendors, a common sight of a lively informal economy

GDP – Brazil’s Gross Disappointing Product

GDP growth is a bit of an obsession in Brazil. You can’t attend a ...

Brazil Can Count Now on Its Independent Newsmen

The Brazilian large press celebrated with confetti and serpentine the shelving of project CFJ (Federal ...

Conto English Version Conversa ao telefone

It is so rare to see Portuguese-language poems translated into English and published in ...

Child Sex Abuse is Widespread in Brazil

Around 47% of the Brazilian cities in which child and adolescent sexual abuse exists ...

Brazil’s 7 Months of Jail for Fictional Blog Is Insanity, Says RSF

Reporters Without Borders (RSF) says that it “has learned with incredulity and dismay” that ...

Brazil Joins the Very Closed Uranium Enriching Club

At the moment, when anyone mentions nuclear program, all eyes turn to Iran and ...

Brazil Trade Surplus Reaches US$ 28.2 Billion

Brazilian exports have yielded US$ 11.348 billion in August and once again beat a ...

Voting Game

As a rule, parties in Brazil—like the individual candidates themselves—do not put together programs, ...

Down with the dictatorship, writes a tagger in 1968 Brazil

The Military and the Rural Elite Unholy Alliance Maintains Brazil Poor and Unequal

A very strong traditional establishment governed Brazil since its colonization. Arguably, the most powerful ...