Brasília – The sum of dollar inflow and outflow in the country, known as the flow of foreign exchange, recorded a surplus of US$ 1.541 billion as of late April, according to data disclosed this Wednesday (4th) by the Central Bank. In April last year, the Forex surplus reached US$ 2.248 billion.
Exports and imports were responsible for the surplus recorded in April this year. The flow of trade recorded a surplus of US$ 3.31 billion, whereas investment in bonds, shares, remittances of profits and dividends to foreign countries (known in Brazil as the flow of finance), among other operations recorded a deficit of US$ 1.769 billion.
From January until the last day of April (29th), the flow of foreign exchange recorded a US$ 37.133 billion surplus, as against US$ 5.038 billion in the first four months of 2010. From January to April this year, both the flow of trade and the flow of finance were positive, at US$ 7.552 billion and US$ 29.581 billion, respectively.
The Central Bank informed that spot market dollar purchases have raised the Brazilian foreign exchange reserves by US$ 5.405 billion as of April 29th. Futures market dollar purchases (with payment due at a future date, usually in the short term) reached US$ 440 million during the period.
*Translated by Gabriel Pomerancblum
