Brasília – US dollar inflows to Brazil was higher than outflows by US$ 4.151 billion last week. As a consequence, the foreign exchange flow is back to positive, after posting deficits of US$ 3.056 billion in August and US$ 1.9 billion in the first week of September. In the first two weeks of September, the foreign exchange flow was positive by US$ 2.251 billion. The figures have been released this Wednesday (17th) by the Brazilian Central Bank.
Month-to-date through September 12th, the bulk of the foreign exchange surplus originated from a US$ 1.406 billion surplus in export and import operations.
Financial operations (investment in bonds, profit and dividend remittances and foreign direct investment, among other operations) posted an US$ 845 million surplus.
Year-to-date through September 12th, the foreign exchange flow ran a US$ 1.551 billion surplus. Over this period, financial operations had a US$ 2.322 billion deficit and trade-related foreign exchange operations had a US$ 3.873 billion surplus.
*Translated by Gabriel Pomerancblum
