Brasília – The flow of foreign exchange, i.e. the sum of outbound and inbound US dollars in the country, showed a deficit in the second week of November. Dollar outflows exceeded inflows by US$ 1.767 billion during the period.
According to data released by the Brazilian Central Bank, export- and import-related foreign exchange operations showed a US$ 731 million deficit.
Financial operations including investment in bonds, profit and dividend remittances and foreign direct investment, among other operations, also ran a deficit, at US$ 1.035 billion.
The foreign exchange flow posted a US$ 285 million surplus in the first week of this month. In October, a US$ 6.927 billion surplus was recorded, the highest monthly surplus since May 2013. Year-to-date through November 14th, the foreign exchange flow is positive by US$ 6.788 billion.
*Translated by Gabriel Pomerancblum
