Depreciation of the United States currency causes apprehension among emerging economies, which fear losing market share as the North American country’s production and exports rise.
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Due to the Petrobras capital increase, the Central Government registered in September its highest surplus in history, at US$ 15.3 billion. Year to date, the result has reached US$ 32.6 billion.
The Brazilian Ministry of Development, Industry and Foreign Trade has informed that Brazilian exports may reach US$ 195 billion in 2010. The last estimate, from June, was US$ 180 billion.
Foreign direct investment into Brazil reached US$ 5.3 billion in September, exceeding the Central Bank’s estimate of US$ 2.7 billion. In the same month of 2009, the figure was US$ 1.8 billion.
From January to September, Brazilians spent US$ 11.468 billion abroad, against US$ 7.467 billion in the first nine months of 2009.
The forecast for growth in 2010 by analysts approached by the Central Bank of Brazil has been maintained at the same level for three weeks running.
Brazilian toy industry leaders met with president Lula last week to celebrate the mark of 1 billion toys made.
The country increased its diesel purchases from abroad by 290% from January to September this year compared with the same period of 2009. Bahrain was among the suppliers.
The second increase in Financial Operations Tax on fixed income investment by foreigners has led the dollar to climb to 1.695 real this Thursday. The exchange rate was the theme of the G-20 meeting.
A research by the IBGE shows that tourism grew 22% between 2003 and 2007, as against expansion of 19.3% in the Brazilian economy as a whole in the period.
The National Treasury has raised US$ 657 million through issues of Brazilian foreign debt bonds on the European, North American and Asian markets.
According to data from the Brazilian Institute of Geography and Statistics, the 6.2% unemployment rate recorded in September this year is Brazil’s lowest since records started being kept, in 2002.
This Wednesday, the National Treasury announced the issue of Brazilian foreign debt bonds denominated in real. The offer should be made in the United States and Europe.
At the Brazilian stand in the fair in the Iraqi Kurdistan, no one speaks Kurdish, nor do the Kurds speak English or Portuguese. Still, visitors wait in line to take pictures with the Brazilian flag.
