The United States currency closed this Tuesday selling for BRL 3.738, a 1.45% drop over Monday. The São Paulo Stock Exchange index Ibovespa was down 0.29%.
Author: Agência Brasil
The Brazilian government issued a statement this Tuesday (8th) denouncing the violent acts in the town of Ben Guerdane that claimed at least 16 lives, and reaffirming its confidence in Tunisian democracy .
The Brazilian Institute of Geography and Statistics (IBGE) released economic results for last year this Thursday (03). Recession was the most severe since record-keeping began, in 1996.
The index that gauges retail business owners climbed 2.2% in February from January. Even so, the final score still shows pessimism.
The company’s production averaged at 2.65 million barrels of oil equivalent per day, which ws less than in December, due to scheduled rig maintenance shutdowns.
A poll of financial institutions conducted by the Brazilian Central Bank shows deteriorating expectations regarding the economy in 2016. Last week’s shrinkage forecast had been 3.40%.
The two United Nations organizations are planning on launching units to welcome migrant women and children in the next three months, with an emphasis on borders with Europe.
Brazil’s federal, state and municipal governments had a combined USD 7 billion surplus after eight straight months in deficit. The result even surpassed January 2015’s.
Collection of part of the funds raised through auctions for renewal of hydroelectric plants concessions enabled a surplus in January, according to numbers from Brazil’s National Treasury.
Such is the deficit Brazilian financial institutions believe the federal government will have posted by the end of 2016. The January forecast had been for a USD 17 billion deficit.
Brazilian Central Bank index shows that in 2015 the economy slowed down to its poorest performance since 2003. The result is considered as a preliminary GDP result.
Banking institutions are expecting prices to go up 7.61% this year in Brazil, according to a Brazilian Central Bank poll. The estimate has been changed upward for the seventh straight time.
The index from think tank Fundação Getulio Vargas climbed from 44 to 47 points between October 2015 and January 2016. The increase was driven by future expectations.
Out of the 15 places surveyed by institute, in 12 the industrial production declined last year. The steepest drops occurred in the states of Amazonas, Rio Grande do Sul and São Paulo.
