Brasília – The sum of dollar inflow and outflow in Brazil, also known as the flow of exchange, was negative by US$ 1.768 billion, in September, up until the 11th. The figure is lower than the one recorded in the same period of last year, which was US$ 4.179 billion. The information was disclosed today (16th) by the Central Bank of Brazil.
The negative result was mainly a consequence of the trade flow result (exports, imports and financing to foreign trade), which ran a deficit of US$ 1.491 billion. Financial operations (investment in bonds, remittances of profits and dividends to foreign countries and foreign direct investment, among other operations) was also negative, at US$ 277 million, up until September 11th.
From January until September 11th, the flow of exchange was positive by US$ 5.125 billion, as against US$ 18.564 billion during the same period of 2008. So far in 2009, the flow of trade remains positive by US$ 9.843 billion, and the flow of finance is positive by US$ 4.718 billion.
The Central Bank also informed that up until September 11th, it had purchased US$ 636 million on the market. The dollars purchased become part of the country’s foreign reserves.
*Translated by Gabriel Pomerancblum
