São Paulo – Purchase and sale exchange operations by the Bank of Brazil totalled nearly US$ 4 billion in the month of April, according to information disclosed by the press office at the banking institution.
Financial exchange operations include orders of payment to and from foreign countries, and are conducted at 4,000 branches of Bank of Brazil in the country. Also included are purchase and sale operations performed manually by tourists at authorized agencies.
The Bank of Brazil is the institution that carried out the most financial exchange transactions in the country in the month of April. The institution processed 45,000 purchase and 20,100 sale operations during the period. In 2007, the bank processed 556,000 financial exchange purchases and 230,000 sales.
*Translated by Gabriel Pomerancblum