São Paulo – Brazil’s foreign exchange flow up to the 9th of this month was US$ 1.09 billion negative. In the period, US$ 1.094 billion left the country in the commercial flow (exchange contracts for imports and exports) and US$ 4 million entered through the financial flow (which includes operations like foreign direct investment), according to figures disclosed on Wednesday (14) by the Central Bank.
In the year, the exchange flow has recorded a surplus of US$ 6.998 billion, as a result of a positive trade flow of US$ 15.654 billion and a negative financial flow of US$ 8.656 billion. In the same period last year, the balance was US$ 23.08 positive.
Though still positive in 2013, the trade flow was negative over the last two months. In July, for example, the deficit was US$ 1.447 billion. In the same period last year, there had been a surplus of US$ 942 million. In June, the month with the worst result in exchange flow this year, US$ 2.6 billion left the Brazilian economy.
*Translated by Mark Ament
