Brasília – The foreign exchange flow, i.e. the sum of US dollar inflows and outflows in Brazil, remains on a deficit in October. According to partial figures from the Brazilian Central Bank, up until last Friday (17th), outflows were higher than inflows by US$ 665 million.
The deficit was a result of financial operations (investment in bonds, profit and dividend remittances to foreign countries and foreign direct investment, among other operations), with a US$ 2,697 billion deficit.
Export- and import-related foreign exchange operations showed a US$ 2.032 billion surplus.
Year-to-date, foreign exchange flows are running a US$ 678 million surplus. During this period, financial operations incurred a US$ 4.842 billion deficit and export/import operations showed a US$ 5.52 billion surplus.
*Translated by Gabriel Pomerancblum
