The country saw USD 2.5 billion in net US dollar inflows in October, ending a five-month run of net outflows. The Law on Repatriation of Funds was a factor.
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Trade in goods not including petroleum and its products climbed 3% in the country in the first half of the year, to USD 150.6 billion. Top-selling export products include gold, aluminum and jewelry.
The Brazilian and French oil companies signed on to a memorandum of understanding for exploration and production of gas and energy.
Brazil’s trade surplus reached USD 709 million last week. The first two weeks of October also ended in surplus.
A poll of Brazilian financial institutions shows expected rates of 6.89% this year and 5% in 2017. Last week had seen higher forecasts.
The Brazilian president Michel Temer sanctioned a law allocating the amount for the country’s payments to the programs and actions of national and international entities such as the UN.
The son of Lebanese parents that arrived in Brazil in the 1920s, he is the CEO of Copagaz and of Rede Globo-affiliated TV stations Morena and Centro América, from the states of Mato Grosso do Sul and Mato Grosso.
The indicator measured by the National Confederation of Industry declined from 50.8 points in August to 45.8 points last month.
Archaeologist Ahmad Serieh, former Museums national director in Syria and Arab-Syrian Cultural Center director in Brazil, will discuss Syrians museums and archaeological sites next Sunday (23) in São Paulo.
The bank revised up from USD 53 to USD 55 its forecast on the average price per barrel for next year. The price of commodities in general should go up.
According to statistics institute, the product most recently included was coffee from the region of Pinhal, São Paulo state. The certification attests that the item was produced in a certain region.
There was a 0.91% drop over July, in the widest month-on-month reduction since May 2015, the Brazilian Central Bank has reported.
Brazil’s auto part makers union and export promotion agency Apex will host matchmaking sessions on the 24th and 25th in São Paulo, with Brazilian industry players and distributors from 11 countries, Egypt included.
The Brazilian monetary authority slashed the benchmark interest rate by 0.25 percentage point, to 14% per annum. The move came as a result of a reversal of the food price hike.
