Brasília – Forex flow in Brazil ran deficit for the second month in a row. In April, US dollar outflows exceeded inflows in USD 1.625 billion, as reported by the Central Bank of Brazil (BC, acronym in Portuguese). In March, forex flow ran a USD 4.237 deficit.
Last month, the flow of finance in Brazil (operations including investment in bonds, profit and dividend remittances, and foreign direct investments) ran a USD 5.751 billion deficit, while trade flows (export- and import-related foreign exchange operations) showed a USD 4.126 billion surplus.
Year-to-date through May 3, Brazil saw a USD 3.69 billion forex surplus. The flow of finance runs a USD 5.496 billion deficit, while trade flows shows a USD 9.187 billion surplus.
Translated by Guilherme Miranda