The North American currency ended the day at its lowest level since May 17. Bovespa ended today at the highest level since the same date.
Browsing: Economy
Exports to Arab countries amounted to USD 564 million in the first half of the year, up 133% from a year ago.
Sales increase 4.5% in May over the same month of 2016. Growth forecast was revised up, from 1.2% to 1.6%.
The region was targeted by USD 30.8 billion worth of foreign direct investment last year. The United Arab Emirates was the number one destination.
Industrial production grew 0.8% in May, with the expansion taking place in the majority of the areas surveyed.
Professor Roberto Khatlab will speak to a group of tourists at an event on Wednesday (12). The address will be open to the general public and delivered in Portuguese. Admission is free.
The estimate of the economic impact of six years of war is from the World Bank, which has a report out on the matter.
Exports amounted to USD 4.055 billion and imports came out to USD 3.010 billion, the Brazilian Ministry of Industry, Foreign Trade and Services reported.
The forecast by financial institutions regarding the economy’s growth for this year went from 0.39% to 0.34%. Estimates signal the inflation being lower than the forecast from last week.
The state-run company is active in fuel distribution and sales, LPG and lubricants in the neighboring country, where it owns 197 service stations.
Brazil’s National Federation of Industry (CNI) has revised down its Gross Domestic Product growth forecast for this year from 0.5% to 0.3%.
From January to June, shipments to the region went up 77.4%. According to the sector’s association, the industry started to look beyond Latin America.
Net savings deposits reached USD 1.8 billion in June, the highest amount for the period since 2013. Year-to-date, withdrawals outweighed deposits.
Brazil’s Finance minister Henrique Meirelles said the growth forecast for this year remains at 0.5%. At the end of June he had said growth could be weaker.
