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

Ronaldinho Superstar

Well-behaved, patient with the media and autograph seekers, Ronaldinho is not the spoiled rebel ...

Brazil Earmarks US$ 4 Bi to Deal with 7.2 Bi Houses Deficit

This year, Brazil’s federal government will invest US$ 4 billion (11 billion reais) in housing ...

The Story of Higher Education in Brazil: Too Many Openings, Too Few Good Schools

Instead of the consumption of classes, education is a process of knowledge accumulation. But ...

Brazil’s Mother Thereza, Pediatrician Zilda Arns, Among Haiti’s Victims

Zilda Arns Neumann, the national coordinator of the Brazilian Pastoral Care for Children (Pastoral ...

US Fed Offers Currency Swap Lines to Brazil, UK, Switzerland

According to Brazil's Central Bank President, Henrique Meirelles, the extension of a US Federal ...

Castelo Valentim in Santa Teresa, Rio, Brazil

My Own Brazilian Castle with Ghosts and a Knight in Shining Armor

I’ve just moved into a castle. No joke! I moved out of a nondescript ...

Walfrido dos Mares Guia, Brazil's Minister for Institutional Relations

Brazil’s Lula Joins Former Conservative Foes to Rule and Remain in Power

Luiz Inácio Lula da Silva, president of Brazil, would like to see his ruling ...

Best-seller Books, Plays and Movies

By Brazzil Magazine PLAYS RIO Opereta—O Homem Que Sabia Português (Operetta—The Man Who Knew ...

The Anantha Scent from Brazil Wins the Arabs

The perfumes made by Brazilian brand Anantha are currently in the stores of the ...

Brazilian Fund Will Back Drugs, Software and Semiconductors

The Brazilian Development Bank (BNDES) has created a fund worth 153 million reais (US$ ...