Brasília – Brazil registered greater inflow than outflow of dollars in January this year, according to figures disclosed by the Central Bank on Wednesday (8). Last month, the inflow and outflow of the American currency was US$ 7.283 billion positive. The positive balance follows three months running of negative results. The last time a positive balance was recorded was in September 2011 (US$ 8.484 billion).
The result last month was boosted by the financial sector (investment in papers, transfer of profit and dividends abroad and foreign direct investment, among other operations), which registered a positive balance of US$ 6.902 billion. The trade flow (import and export related operations) recorded a positive balance of US$ 381 million.
With the great inflow of dollars and the consequent depreciation of the currency, the Central Bank returned to dollar purchases. On Tuesday, the Central Bank promoted an auction (for future liquidation), and a similar operation had taken place on Friday (3). The last time the BC had executed this kind of auction was on July 26th 2011.
*Translated by Mark Ament
