Brasília – Outbound United States dollars continue to surpass inbound in Brazil this month. According to data from the Brazilian Central Bank (BC), in July by last Friday (25th), dollar outflow surpassed the inflow by US$ 4.68 billion.
Most of the deficit comes from the financial segment (investment in bonds, profit and dividend remittances to foreign countries and foreign direct investment, among other operations), with a net outflow (inflow discounted) of US$ 3.897 billion.
The trade segment (export- and import-related foreign exchange operations) posted a US$ 783 million deficit.
Year-to-date through July 25th, there was a foreign exchange deficit of US$ 534 million. In this period, financial operations posted a US$ 2.64 billion deficit while trade-related operations ran a US$ 2.107 billion surplus.
*Translated by Rodrigo Mendonça