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

An Unbearable Oregano Smell in the Airs of Brazil

Brazil’s Congressional Inquiry Committees resumed their work yesterday. The Ethics Board, the Control Office ...

Brazil’s 2004 Inflation: No More than 7.5%

Final year-end inflation for 2004 should be between 7% and 7.5%, according to a ...

For Brazil and Australia WTO Meeting Was Disappointing

In the judgment of the Brazilian Minister of Foreign Relations, Celso Amorim, the mutual ...

Bank of America Forecasting 1.3% Growth for Brazil This Year

The economies of Latin America are forecasted to expand 0.7% this year, well below ...

FIFA’s Ranking: Brazil Is 1st and, Surprise, the US Is 5th

The top 10 teams are closer than ever in the latest rankings issued by ...

RAPIDINHAS

CDs or Books by Keyword, Title or Author By Brazzil Magazine A Comédia dos ...

Brazil’s Wooing the Middle East

The sales from the state of Paraná, in the South of Brazil, to the ...

Venezuela and Russia Are Top Importers of Brazil’s Federal District

Chicken and giblets exports from the Brazilian capital BrasÀ­lia totaled US$ 13.251 million in ...

More Popular Than Ever, Brazil’s Lula Grants God Brazilian Citizenship

On the campaign trail for the coming municipal elections in Brazil next October, Brazilian ...

Bunge Foods Invests Over US$ 1 Billion in New Plants in Brazil

Brazilian food manufacturing company Bunge Alimentos has just inaugurated a soy processing factory in ...