Brasília – Brazil’s foreign exchange flow, i.e. the balance of US dollar inflows and outflows from the country, ran a deficit early this month. From April 1st to 5th, there was a US$ 61 million deficit, according to figures released this Wednesday (10th) by the Brazilian Central Bank. In March, the forex flow showed a US$ 391 million surplus, after having run a deficit in February (US$ 105 million) and January (US$ 2.386 billion).
The deficit in the five working days of the first week this month was a consequence of the flow of trade (exchange operations relating to exports and imports). The trade deficit was US$ 186 million. Financial operations (investment in bonds, remittance of profits and dividends to foreign countries and foreign direct investment, among other operations) recorded a US$ 125 million surplus.
From January to April 5th, the forex flow is running a US$ 2.160 billion deficit. The flow of trade ran a US$ 2.233 billion deficit, while financial operations posted a US$ 72 million surplus.
*Translated by Gabriel Pomerancblum
