After two days of decline, the North American currency went up this Wednesday and ended the day at BRL 3.88.
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Over 41,000 units were shipped abroad from Brazil in the first half. In June, however, foreign sales slid due to currency depreciation in Argentina.
The Brazilian Institute of Geography and Statistics (IBGE) reported that output dropped in May from April in most of the 15 locations it keeps track of across the country.
The United States currency was selling for BRL 3.797 as trading ended this Tuesday (10).
Foreign sales from Brazil were down 2.6%, while purchases were up 11.7%. The resulting trade surplus exceeded USD 1 billion.
Total oil, oil product and natural gas sales exceeded purchases in the country from January to May of this year.
Sales in Brazil increased 3.6% in June and 14.4% in the year’s first six months.
IPCA, the official inflation rate indicator in Brazil, registered 1.26% in June, the highest rate for the month since 1995.
A provisional measure that creates the program Rota 2030 was signed this Thursday (05), aiming to make the Brazilian auto industry adapt to the new global challenges in the production and use of cars.
The plane makers will enter into a joint venture comprising all of the Brazilian company’s commercial aviation operations. The US-based company will retain an 80% stake in the USD 4.7 billion deal.
The BNDES’s pilot project will allocate BRL 10 million (USD 2.64 million) to support innovation companies.
The North American currency had an appreciation of 0.45% this Wednesday and ended the day at BRL 3.913.
Dollar inflow surpassed outflow in Brazil last month. Year-to-date, there’s a forex surplus of USD 22.5 billion.
Last month saw 3.311 million barrels of oil equivalent per day produced in Brazil, the National Agency of Petroleum, Natural Gas and Biofuels (ANP) reported.
