The month saw the best result in four years, with BRL 130 billion collected, according to Brazil’s Federal Revenue Service.
Author: Agência Brasil
That’s the estimation made by the Brazilian Foreign Trade Association (AEB). According to the association’s president, goods have not been reaching the ports to be shipped.
Brazilian financial market players expect the economy to see 2.37% growth this year, down from a prior estimate of 2.50%.
Speaking in a seminar in Rio de Janeiro, Ilan Goldfajn said that the normalization of interest rates in developed economies has been causing volatility in the international market.
For the third consecutive month, the country registered a current account surplus in April.
The recent hike of the US currency against the real will cause expenditure on trips abroad by Brazilians to lose steam, according to the head of the Central Bank’s Statistics Department.
A poll by Brazil’s National Confederation of Industry shows a rebound in Brazil, where investments had been going down since 2014.
The new Immigration Law went into effect one year ago this week and the government is preparing a project to attract skilled foreign professionals.
The United States currency closed up 1% to BRL 3.74 on Friday.
A Brazilian government poll shows the rate of tourists satisfied with their trips to the country went up.
The North American currency had an appreciation of 0.61% over the real this Thursday. It was the currency’s fifth consecutive appreciation.
The United States currency ended the day selling for BRL 3.661, up 0.9%, climbing for the third straight day.
The National Supply Company (Conab) said 2017-2018 grain and oilseed output is poised to reach 232.6 million tons, which would be second only to the preceding crop season.
Brazil’s dollar inflow surpassed outflow last month.
