Dollar Investment in Brazil Falls by 88%

Port of Santos, in São Paulo, Brazil The balance of financial and commercial transactions between Brazil and foreign countries posted a surplus of US$ 892 million in the month of June so far, after 10 business days, according to preliminary figures disclosed June 18. by the Brazilian Central Bank. During the same period last year, the result was 88.5% higher (US$ 7.821 billion).

In the accumulated result for the year so far, US$ 16.703 billion have entered the country, as against US$ 42.887 billion during the same period of 2007.

This month, foreign sales stand at US$ 8.087 billion and purchases total US$ 5.038 billion, resulting in a surplus of US$ 3.049 billion.

In the accumulated result for the year, the balance of commercial operations (exports minus imports) remains positive at US$ 27.900 billion. Exports reached US$ 86.627 billion, and imports totaled US$ 58.727 billion.

With regard to financial operations, the balance for June remains negative at US$ 2.158 billion, as a result of a US$ 22.853 billion inflow and a US$ 25.011 billion outflow.

In the accumulated result for the year, the result remains negative at US$ 11.197 billion, with purchases of US$ 189.445 billion and sales of US$ 200.641 billion. During the same period last year, the accumulated balance of financial operations remained negative at US$ 125 million.

Bank of Brazil Operation

Purchase and sale exchange operations by the Bank of Brazil totaled nearly US$ 4 billion in the month of April, according to information disclosed by the press office at the banking institution.

Financial exchange operations include orders of payment to and from foreign countries, and are conducted at 4,000 branches of Bank of Brazil in the country. Also included are purchase and sale operations performed manually by tourists at authorized agencies.

The Bank of Brazil is the institution that carried out the most financial exchange transactions in the country in the month of April. The institution processed 45,000 purchase and 20,100 sale operations during the period. In 2007, the bank processed 556,000 financial exchange purchases and 230,000 sales.

ABr

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