Brazil’s foreign exchange flow was negative in August, up to Friday (24).
Author: Agência Brasil
The sum will be invested up until 2020 in order to increase industry competitiveness. The only cheaper energy in Brazil today is the type generated at major hydroelectric plants.
The Brazilian senate has approved a limit of US$ 10,000 for purchase and sale of dollars at exchange houses. The prior limit was US$ 3,000. The project will now be analysed by the Lower House.
According to the president of Brazil’s Logistics and Planning Company, new measures will be issued in September regarding concessions of ports and airports.
The Industry Confidence Index went from 102.7 points in July to 104.1 points in August, but remained below the historical average.
The index measured by FGV was 120.4 points in August, against 121.6 points in July. The greatest drop this year took place in January.
Scientist Marcelo Gleiser will be general councillor and Márcia Barbosa will be international councillor of the American Physical Society, which ranks among the world’s leading entities in its field.
Importing companies will be able to register and follow up their operations on the internet. The government system connects importers, exporters, forwarders, and state-owned enterprises.
The amount was the highest in Brazil since December 2010, and more than suffices to offset the country’s current account deficit.
Expenses of Brazilians on travels abroad totalled US$ 2.01 billion in July, 10% less than in the same month last year. Appreciation of the dollar provides lower stimulus for international travel.
The Brazilian president ranks third for the second time in the Forbes magazine ranking, topped only by Angela Merkel and Hillary Clinton.
Inflow of dollars exceeded the outflow by US$ 165 million. In the month, however, the balance was US$ 1 billion.
Level of Family Expectations dropped from 68.5 points to 68.2 points from June to July. The index measures perception of the population regarding the country’s economy.
The advance was 0.75% over May and 0.99% over the same month in 2011. In the second quarter as a whole there was growth of 0.38% over the first three months of the year.
