Brasília – in the first ten business days of September, Brazil had a foreign exchange surplus of US$ 4.329 billion. The figure is higher than recorded in the whole month of August this year (US$ 1.944 billion) and greater than the US$ 254 million surplus recorded in the same period last year.
The figures disclosed today (17th) by the Central Bank of Brazil, which recorded dollar inflow and outflow until the 12th this month, do not yet reflect the worsening of the United States crisis, as bankruptcy of United States-based financing bank Lehman Brothers was announced last Monday.
In the accumulated result for the year so far, the result is also positive at US$ 18.714 billion, however the figure is 73.38% lower than in the same period of 2007 (US$ 70.310 billion).
According to a preliminary survey for September, the result was influenced by the trade surplus, which stood at US$ 3.605, with US$ 8.908 billion in exports and US$ 5.303 billion in imports.
In the same period last year, the trade surplus was lower – US$ 2.014 billion. In the case of financial transactions (investment in the stock market and bonds, payment of interest, remittance of profitss, international travels), net inflow so far this month totals US$ 725 million, whereas during the same period of 2007 there was a net outflow of US$ 1.760 billion.
So far this year, the country has received a trade inflow of US$ 39.886 billion (with US$ 138.297 billion in exports and US$ 98.411 billion in imports) and financial transactions have generated an outflow of US$ 21.172 billion. During the same period last year, there was a trade surplus of US$ 60.304 billion and net inflow of US$ 10.006 billion from financial transactions.
*Translated by Gabriel Pomerancblum
