The Arab Brazilian Chamber of Commerce released a statement informing that it is the only chamber officially recognized in Brazil by the Union of Arab Chambers.
Browsing: Economy
The country’s GDP grew from January to March over the same months of 2017, according to a FGV survey. The indicator is not the official one.
The United States currency closed up 1% to BRL 3.74 on Friday.
In April, the country’s airports received over 2 million passengers. The Casablanca terminal accounted for 40% of the total.
The IMF released a preliminary report of a visit to the Arab country and praised the efforts made to go forward with the reform program. The Fund should disburse other USD 2 billion to Egypt as part of their agreement.
The North American currency had an appreciation of 0.61% over the real this Thursday. It was the currency’s fifth consecutive appreciation.
Banks surveyed by the Ministry of Finance expect a deficit below the official target for this year.
Brent North Sea crude oil reached USD 80.18, the highest price in four years.
The growth seen in 2018’s first three months is the highest since 2014’s Q2.
The United States currency ended the day selling for BRL 3.661, up 0.9%, climbing for the third straight day.
The industry saw foreign sales slide in January, February and March, before rebounding in April to 9.87 million pairs of shoes shipped, grossing a combined USD 93.18 million.
Brazilian industry produced 88,422 units in April, according to sector association ABRACICLO.
The surplus is the result of USD 8.8 billion in exports and USD 5.7 billion in imports in the month’s first two weeks.
Brazil’s BNDES saw BRL 2.06 billion in net profit from January to March. Numbers were driven by a reversal of expenditure on credit risk provisions and by equity holding results.
