The Brazilian debenture market grew 167% in the first half compared with the same period last year. The number of operations rose from 1,757 to 4,687, according to figures supplied by the Andima.
Author: Agência Brasil
The volume of funds reached US$ 209.6 billion last Thursday, the highest level ever, according to the Central Bank of Brazil.
The chairman of the Central Bank of Brazil also said that investment in the country is increasing, and that the country will leave the crisis behind faster than other economies.
The figure resulted from US$ 2.719 billion in exports and US$ 2.08 billion in imports, according to the Brazilian Ministry of Development, Industry and Foreign Trade.
The sum of dollar inflow and outflow in Brazil posted a surplus of more than US$ 1 billion in June. So far this year, the surplus has reached nearly US$ 2 billion, according to the Central Bank.
Brazil exported 132,000 tonnes in June, a sales volume 9% higher than in the same month of last year. Egypt and Algeria are among the leading target markets.
In the first half of the year, 1.44 billion units were sold in Brazil, representing growth of 3% over the same period of last year.
The Central bank of Brazil has reduced the GDP growth forecast for this year from 1.2% to 0.8% in its quarterly forecast.
The index researched by FGV reached 106.4 points in June, the highest level since September last year.
Rio de Janeiro – Petrobras and Vale signed today (25) a memorandum of understanding for a partnership in exploration and production of gas and oil in three blocks in Espírito Santo Basin, located on the coast of Espirito Santo and part of concession BM-ES-22. The document establishes the bases for exploration of the fields and
Brasília – The National Confederation of Industries (CNI) announced today (25th) that it projects a 0.4% reduction in the Brazilian Gross Domestic Product (GDP) this year. Despite the negative projection for 2009 as a whole, the organisation expects the economy to grow in the second quarter. CNI forecasts, however, that the industry will continue to
Brasília – The sum of dollar inflow and outflow in Brazil was positive by US$ 380 million from the 1st to the 19th this month. The figures were disclosed today (24th) by the Central Bank of Brazil. Commercial transactions (exports, imports and financing for foreign trade) ran a surplus of US$ 1.007 billion. The flow
Brasília – Foreign direct investment (FDI) in the Brazilian productive sector totalled US$ 2.483 billion last month, the highest result ever recorded by the Central Bank of Brazil (BC) in the month of May since 1947. In June this year, however, the BC is expecting a lower inflow of this type of investment. The projection
Londrina – The Brazilian president, Luiz Inácio Lula da Silva, and the minister of Agriculture, Reinhold Stephanes, are going to launch the 2009-2010 Agriculture and Livestock Plan (PAP) this afternoon (22nd), in the city of Londrina, in the north of the state of Paraná. The plan sets aside 107.5 billion reals (US$ 54.8 billion) for
