São Paulo – The Brazilian foreign exchange flow has recorded a US$ 7.735 billion deficit month-to-date through December 20th. According to results for the period released this Thursday (26th) by the Brazilian Central Bank, last week alone the forex flow showed a US$ 3.505 billion deficit.
Last week, financial operations, including foreign direct investment, posted a US$ 3.957 billion deficit. Month-to-date, the deficit stands at US$ 6.311 billion. Export- and import- related money exchange operations showed a surplus during the week, at US$ 452 million. Month-to-date, however, there is a US$ 1.423 billion deficit.
The foreign exchange flow, i.e. the different between foreign currency inflows and outflows from the country, has also posted a deficit year-to-date. Export- and import-related operations had a US$ 11.594 billion surplus in 2013. Financial operations had a US$ 22.809 billion deficit. The trade balance had a US$ 11.216 billion deficit.
Translated by Gabriel Pomerancblum
