Ibovespa dropped 0.79% this Monday. Meanwhile, the dollar climbed 1.87% and closed the day sold at BRL 3.584.
Browsing: Economy
The forecast of Brazilian financial institutions for the index that tracks price fluctuations changed from 7% last week to 7.04% this week.
Funds from the European Investment Bank will also be allocated to North Africa, Turkey and the Western Balkans.
The money, set to be released in stages, will be used on the implementation of reforms in the economy.
The IMF staff stated that both countries should make efforts to attract foreign direct investments.
The total amount of automobiles, light commercial vehicles, trucks and buses in the country reached 42.6 million last year.
The program sells public debt bonds to natural persons. Its investment portfolio was up 4% compared with March.
Brazilian sales totaled USD 774 million, a decline of 2.4% over the same month of 2015. Imports, however, increased 4.8% and reached USD 497 million.
Gross Domestic Product increased in Jan-Mar from the comparable year-ago period. In Q1 from Q4 2014, GDP was up 0.4%.
According to consulting firm Serasa Experian, credit demand declined 5.1% over March. In comparison to April of last year, there was an increase of 7.8%.
The Iace indicator, computed by think tank Fundação Getulio Vargas and the United States’ TCB edged up 1.2% in April after having climbed 1.1% in March and 0.2% in February.
The storage equipment maker reported BRL 25.9 million in net income in Q1 this year. The company is working to increase sales in Africa, Latin America and Eastern Europe.
The financial market awaits the announcement of economic measures this Tuesday. The North American currency closed the day at BRL 3.504.
In the month’s second week, external sales again surpassed purchases of imported products, just like in the first week. Thus, the trade balance registered a surplus of USD 1.747 billion.
