São Paulo – Foreign exchange flows in Brazil showed a surplus from September 1st to 26th, according to results released this Wednesday (1st) by the Brazilian Central Bank. The surplus stood at US$ 3.5 billion.
For the most part, the result was a consequence of financial operations, which comprise investment in bonds, profit and dividend remittances and foreign direct investment, which came to a total of US$ 2.6 billion. The surplus from export- and import-related exchange operations was US$ 960 million.
Year-to-date through September 26th, Brazil posted a US$ 2.86 billion foreign exchange surplus. During the period, financial operations ran a US$ 566 million deficit and commercial operations ran a US$ 3.4 billion surplus.
*Translated by Gabriel Pomerancblum
