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

Brazzil Magazine covers

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

Brazzil Magazine covers

Brazilian Machinery Exports Grow 39% Resulting in Surplus

In spite of the appreciation of the Brazilian real in relation to the American ...

Brazzil Magazine covers

Brazil’s Tabajaras Indians Owe Mangoré a Musical Debt of Gratitude

Brazilian Turíbio Santos’ recording of guitar music by Agustín Barrios (1885-1944) in Turíbio Santos ...

Brazzil Magazine covers

Death Pact? Girl, 13, and Piano Teacher Found Dead in Brazil’s Motel Bed

Death pact is one of the hypotheses being raised by the Brazilian police, which ...

Brazzil Magazine covers

Brazil Finds Out Its Car Battery Is a Time Bomb

Amid rising concern with the final destination of batteries (both domestic and industrial), the ...

Brazzil Magazine covers

Buy from Brazil’s Varig, Fly American Airlines. And Vice Versa

Varig, the former leading Brazilian airline, which is now a subsidiary of Gol Linhas ...

Brazzil Magazine covers

Security at Brazil’s Universal Church Threatens Journalist

Brazilian photojournalist Luiz Carlos Gomes, of Brazil's largest and arguably most influential daily newspaper, ...