Brasília – The balance between Brazil’s inflow and outflow of dollars, the forex flow, is US$ 10.041 billion positive this month, up to the 21st, informed on Friday (23) the head of the Economic Department of the Central Bank of Brazil (BC), Tulio Maciel.
In the period, the financial flow (investment in bonds, shares, profit transfer and dividends sent abroad, among other operations) is US$ 2.263 billion positive, while the trade flow (exports and imports) is US$ 7.778 billion positive.
The BC informed that in September, up to the 21st, banks were in a good position compared to the US$ 3.128 billion, which shows the change in strategy of financial institutions. In August, banks ended the month having sold US$ 6.257 billion, which shows belief in reduction of the dollar.
With appreciation of the North American currency, the BC interrupted, on the 14th, purchases on the spot market. On Thursday (22), the monetary authority promoted an exchange swap, an operation equivalent to the sale of dollars on the futures market. The total value was US$ 2.7 billion. It was the first time since June 26th, 2009 that the BC promotes a traditional exchange swap auction.
*Translated by Mark Ament
