This was the first foreign exchange deficit this year – January and February had seen USD 55 million and USD 8.626 billion surpluses. Year-to-date through March, Brazil saw a USD 4.444 billion forex surplus.
In March, the flow of finance in Brazil (operations including investment in bonds, profit and dividend remittances and foreign direct investments) ran a USD 7.101 billion, with trade flows (export- and import-related foreign exchange operations) showed a USD 2.863 billion surplus.
Translated by Gabriel Pomerancblum
