• Categories
  • Archives

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:

  • Show Comments (2)

  • ch.c.

    Furthermore
    and the balance of trade recorded a US$ 65.606 billion surplus for 2007 is also another BRAZILIAN FULL LIE AND PURE INVENTION

    Brazilians truly excel at manipulating their own stats !

  • ch.c.

    Obviously FULL OF ERRORs….ON PURPOSE !!!!! TO HIDE THE TRUTH !!!!!
    1) The year to date trade surplus is NOT US$ 45 Billion…but 20 Billion
    2) The financial deficit of US$ 32 Billion is in fact the Current Account Deficit…..and it includes the trade balance
    3) The year to date Current Account Deficit of US$ 32 Billion is the HIGHEST….ON RECORD !!!!!

    πŸ˜€ πŸ˜‰

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Ads

You May Also Like

In 10 Years Brazil Wants Its Market Share in Meat to Be 44.5% of World Trade

Brazil will be able to increase farm produce, including meat, without further negative impact ...

Brazilian Chocolatier Finds Sweet Spot in Middle East in Bitter Times

After introducing is product to a few South American countries and the United States ...

85% of Schools for Indians in Brazil Don’t Go Over 4th Grade

Brazil’s  indigenous population will get around 400 new schools, according to information from the ...

Brazil Exports 804 Soccer Players in 2005 and Makes US$ 1 Billion in a Decade

Between 1994 and 2005 Brazil exported soccer players to foreign clubs valued in over ...

Brazil’s Rock of Ages

At age 80, Hans still presides over H. Stern. He still arrives at his ...

Brazil’s Goal: Getting from Wind 10% of All Its Energy in a Decade

Nowadays, nearly 70% of the energy generated in Brazil comes from large hydroelectric plants. ...

Venezuela’s WSF Will Be a Showcase of Brazil’s Social Projects

The Brazilian government and Brazilian civil society will share 300 square meters in Caracas, ...

A Brazilian Voice Against US and EU Protectionism

The governor of the southernmost Brazilian state of Rio Grande do Sul, Germano Rigotto, ...

Brazil Betting Biodiesel Will Free It from Foreign Oil

Although Brazil is a big petroleum producer, it still has to import diesel for ...

Brazilian President Lula and Geraldo Alckmin will face each in runoff on October 29, 2006

Lula Wins But Alckmin Is Favorite to Be Brazil’s Next President

A little over five hours after the polls closed in Brazil, this Sunday, the ...