Brasília – Foreign direct investment (FDI) in Brazil reached US$ 8.421 billion in July, according to figures released this Thursday (23rd) by the Central Bank.
The result exceeded the bank’s US$ 7 billion forecast for the month, and is the highest since December 2010, when US$ 15.374 billion were invested in the country. The result is the highest ever for July since records started being kept, I 1995. In July 2011, FDI stood at US$ 5.982 billion.
From January to July, FDI stood at US$ 38.141 billion, as against US$ 38.484 billion in the same period of 2011. In all of 2012, according to the bank’s projections, US$ 50 billion should be invested in the country. Last year, FDI in Brazil amounted to US$ 66.66 billion.
The FDI volume was more than enough to make up for the current account deficit, i.e. the negative result for exports minus imports of goods and services, which reached US$ 3.766 billion in July and US$ 29.108 billion from January to July.
*Translated by Gabriel Pomerancblum
