Brasília – US dollar outflows exceeded inflows by US$ 2.077 billion in Brazil in May, the Brazilian Central Bank has reported this Wednesday (3rd). The deficit came after a US$ 13.107 surplus year-to-date through April. Year-to-date through May, the surplus stands at US$ 15.794 billion, against US$ 4.028 billion in the comparable period of 2014.
Last month, financial flows (investment in bonds, profit and dividend remittances abroad and foreign direct investment, among other operations) ran a US$ 5.560 billion deficit. Export- and import-related foreign exchange operations recorded a US$ 3.483 billion surplus.
To date in the five months of 2015, foreign trade-related forex operations had a US$ 6.876 billion surplus and financial operations had a US$ 8.917 billion surplus.
*Translated by Gabriel Pomerancblum
