Brasília – The foreign exchange (forex) flow, i.e. US dollar inflows vs outflows from Brazil, showed a US$ 318 million surplus in the first two weeks of February, as per a bulletin issued this Wednesday (19th) by the Brazilian Central Bank.
Year-to-date, the forex flow is running a US$ 1.92 billion surplus, as a result of net inflows worth US$ 1.61 billion in January. In the same period of 2013, a US$ 3.96 billion deficit was recorded.
The US$ 318 million month-to-date surplus in February was a result of a US$ 1.72 billion surplus in financial operations, as opposed to a US$ 1.4 billion deficit in foreign trade-related operations.
*Translated by Gabriel Pomerancblum
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