Brasília – The flow of foreign exchange (forex), i.e. the difference between United States dollar inflows and outflows, closed February at a US$ 1.142 billion deficit, the Brazilian Central Bank has reported this Wednesday (4th). Consequently, in the first two months of 2015, forex flows also ran a deficit, at US$ 246 million. The deficit means the amount of outgoing US dollars was higher than that of inbound ones.
The monthly deficit was due to financial operations, including investment in bond, profit and dividend remittances to foreign countries and foreign direct investment, among other operations Currency flows from said operations showed a US$ 1.710 billion deficit. Export- and import-related money exchange operations had a US$ 567 million surplus.
*Translated by Gabriel Pomerancblum
