One day after reaching its highest price since May 2005, the United States currency was down 1.94% by closing time this Tuesday, selling for 2.47 Brazilian reais.
Browsing: Economy
The Brazilian Air Force and Sweden’s aircraft manufacturer Saab have announced the signing of a contract for the purchase of 36 Gripen model units, plus training and technology transfer.
A higher rate is expected this year than the one recorded in 2013. In 2015, economic growth may accelerate to 3.9%, ‘if security conditions improve.’
Exports shrank and imports increased in week four from week three in October. The ensuing trade deficit was US$ 602 million.
Drilling at Santos Basin’s pre-salt layer discovered good quality oil in the Libra Field, which is operated by Petrobras in partnership with foreign companies.
Clothing brand State One, from Brazil’s Santa Catarina state, took its cue from the luxuriant Arab emirate to design its 2015 high summer collection. The items started hitting the market two weeks ago.
According to a survey conducted by the Getúlio Vargas Foundation, the index has reached its lowest level since April 2009.
Foreign travel spending amounted to US$ 2.4 billion in September, a record figure for the month. North American currency appreciated by 9.6% in the same period.
The balance of purchases and sales of goods and services between Brazil and the world was negative by US$ 7.9 billion, according to the Brazilian Central Bank.
Brazilian manufacturers showcased their products in a pavilion organized by the Abimde and Apex-Brasil at the Milipol fair in Qatar. the Middle Eastern security industry market is estimated to be worth 16 billion euros.
Eclac says the region received a total of US$ 84 billion in H1, a decline of 23%. The negative result was mainly driven by Mexico.
Industrial output had a slight increase in September, reaching 49.7 points. In August, it stood at 48.2 points, according to the National Confederation of Industry.
Watch in this episode: The Lebanese Minister of Foreign Affairs visits Brazil, the Saudi Cultural Days in São Paulo, and the Big 5 show, in Dubai.
US dollar inflows exceeded outflows by US$ 665 million in Brazil from October 1st to 17th. Year-to-date, foreign exchange flows are running a US$ 678 million surplus.
