The number went from R$ 2.496 trillion (US$ 743.8 billion) in May to R$ 2.583 trillion (US$ 769.7 billion) in June. Domestic indebtedness increased 3.81% with the external one declining 2.35% (in dollars).
Author: Agência Brasil
Financial institutions surveyed by the Brazilian Central bank believe that the benchmark interest rates will go up 0.5 percentage point in the next meeting of the Monetary Policy Committee and will close the year at 14.25%.
The price of the North American currency closed the day in the highest level since 2003 at R$ 3.34, impacted by the reduction of the primary surplus target.
UN’s envoy for the Middle East said that the coexistence of the two states is ‘further apart than ever’. He talked at the Security Council of the UN, which is debating the topic.
In H1, the search for domestic air transportation increased 3.8%, with international routes also increasing 13%, according to the association of the sector’s companies.
Decline in federal revenues due to economy downturn drove the government to slash estimation of the public sector’s surplus to 0.15% of the GDP in 2015.
The current account deficit stood at US$ 2.547 billion, below the Brazilian Central Bank’s forecast. The negative balance was 50% lower than the one registered in June 2014.
Dollar outflow overcame inflow up to 17th of this month, according to the Central Bank. Financial sector was responsible for the deficit.
The New Development Bank (NDB) was created by Brazil, Russiam India, China and South Africa. It started operations this Tuesday (21th) in Shanghai and will fund infrastructure projects.
Survey by the National Confederation of Industry shows a decline of the indicator that measures output and number of jobs in the sector’s companies. Businessmen are ever more pessimistic.
Financial institutions’ estimation for 2015 became more pessimistic. Last week, the forecast for the GDP’s contraction was of 1.5%, according to Brazilian Central Bank’s survey.
China’s State Grid Brazil Holding S/A made the winning bid at the energy auction held by the National Electric Energy Agency at the BM&F Bovespa exchange. The holding will supply 2,550 km of power lines.
Brazil’s economy stood virtually level from May to April. A Central Bank index shows a slight increase, at 0.03%, after two straight months of decline.
According to the international rating agency, the scenario in Brazil will go on influencing corporate results at least until halfway through next year.
