Brasília – The balance of dollar inflows and outflows from Brazil, known as the foreign exchange flow, remains at a deficit according to figures released this Wednesday (17th) by the Brazilian Central Bank. In the second week of April, outflows have exceeded inflows by US$ 2.941 billion. Month-to-date through April 12th, the deficit stands at US$ 3.002 billion, as against a US$ 180 million surplus in the first ten working days of April 2012.
Month-to-date through April 12th (ten working days), most of the deficit was due to financial operations (investment in bonds, profits and dividends remittances to foreign countries, and foreign direct investment, among other operations), which posted a US$ 2.049 billion deficit, while foreign trade operations (export and import) posted a US$ 954 million deficit.
From January to April 12th, the forex flow ran a US$ 5.102 billion deficit. Financial operations ran a US$ 2.101 deficit and the deficit from foreign trade operations was US$ 3.001 billion.
*Translated by Gabriel Pomerancblum
