Brasília – US dollar outflows from Brazil exceeded inflows by USD 6.614 billion in November, the Brazilian Central Bank reported this Wednesday (5). The result came from financial operations (investment in bonds, profit and dividend remittances and foreign direct investments, among other operations), which saw a USD 12.987 billion deficit.
Commercial operations (export/import-related foreign exchange operations) ran a USD 6.373 billion surplus last month.
Year-to-date through November, the country saw a USD 11.761 billion surplus in foreign currency flows, with financial operations posting a USD 34.1 billion deficit and commercial operations showing a USD 45.861 billion surplus.
Translated by Gabriel Pomerancblum