The United States currency ended the week selling for 2.563 Brazilian reais, the highest value since April 20th, 2005. To date in 2014, the dollar has appreciated by 8.73%.
Author: Agência Brasil
A study from the National Motor Vehicle Manufacturers Association projects a 140% increase in number of automobiles compared with 2013. The calculations are based on a 3% annual GDP growth rate.
The increment took place in October from September, according to a Brazilian Central Bank index. The calculation considers the variation in cost of internationally traded staples, denominated in Brazilian reais.
The sum paid by public and private companies to 84.7 million workers, retirees and pensioners in Brazil will be 10.1% higher than last year, according to the Inter-Union Department of Statistics and Socioeconomic Studies (Dieese).
Daily oil output was 2.36 million barrels, up 12.6% from September 2013. In September from August 2014, production increased by 1.4%.
In Brazil, the sector grossed 0.8% more than it did in August. Use of installed capacity and the number of hours worked also grew during the month.
An agreement will allow importers and exporters from both countries to make and receive payments in Brazil’s real or Uruguay’s peso, without the need for foreign exchange contracts.
Brazilian financial institutions see a 0.24% growth for the country’s economy this year. Last week, the estimate stood at 0.27%.
Revenues from taxes and contributions amounted to US$ 36.1 billion in September, an all-time high for the month. Tax revenues were up 0.92% from September of last year.
One day after reaching its highest price since May 2005, the United States currency was down 1.94% by closing time this Tuesday, selling for 2.47 Brazilian reais.
The balance of purchases and sales of goods and services between Brazil and the world was negative by US$ 7.9 billion, according to the Brazilian Central Bank.
US dollar inflows exceeded outflows by US$ 665 million in Brazil from October 1st to 17th. Year-to-date, foreign exchange flows are running a US$ 678 million surplus.
Brazil’s Embraer has announced the launch of the KC-390 project, a joint initiative with the Brazilian Air Force. Four countries have expressed intentions of purchase.
Demand increased by 6.6% from August and 19.1% from September of last year, according to a survey conducted by Serasa Experian.
