Brasília – The sum of dollar inflow and outflow in Brazil, known as the exchange flow, is positive by US$ 605 million in the 11 working days thus far in April, up until last Friday (15th), according to a bulletin issued by the Central Bank of Brazil. Year-to-date, the surplus is US$ 36.197 billion, as a result of a strong first-quarter surplus.
The trade balance surplus has reached US$ 881 million, resulting from US$ 8.942 billion in exports and US$ 8.061 billion in imports. The Central Bank has also informed that the country’s foreign currency reserves were at US$ 325.176 billion as of last Tuesday (19th).
By the end of 2010, foreign currency reserves were running a surplus of US$ 288.575 billion, therefore US$ 36.601 billion have been added to the reserves this year, mostly due to spot market dollar purchases, to curb the depreciation of the United States currency.
*Translated by Gabriel Pomerancblum
