Brasília – United States dollar outflows from Brazil surpassed inflows, and the negative balance persists throughout the early days of July. The Central Bank reported this Wednesday (8th) that the foreign exchange result was negative at US$ 4.694 billion in June. During the first three business days of July, the deficit reached US$ 1.522 billion.
Last month, financial operations (investment in bonds, profit and dividend remittances to foreign countries and foreign direct investment in Brazil, among other operations) saw outflows exceeding inflows by US$ 7.629 billion. Export- and import-related forex operations showed a US$ 2.935 billion surplus. From July 1st to 3rd, the balance of financial operations was negative by US$ 1.513 billion and export/import operations showed a US$ 9 million deficit.
From January through July 3rd, foreign exchange flows were positive by US$ 9.577 billion in Brazil. During this period, financial operations had a US$ 225 million deficit and export/import registered a US$ 9.802 billion surplus.
*Translated by Gabriel Pomerancblum
