Brasilia – The flow of foreign exchange, i.e. the difference between United States dollar inflows and outflows, registered a surplus of US$ 2.229 billion in March. The figures cover the period from the start of the month until last Friday (13th) and were released this Wednesday (18th) by the Brazilian Central Bank (BC). Year-to-date, the flow stands positive in US$ 3.43 billion.
In the first week of March, the forex flow recorded a surplus of US$ 3.019 billion. However, in the second week, from March 9th to 13th, the flow showed deficit of US$ 790 million, lowering the end surplus.
The deficit in the second week was due to both the financial segment (bond investments, profit and dividends remittances and direct foreign investment, among other operations) and the commercial one (currency exchange operations of imports and exports). The former showed deficit of US$ 496 million in this period. And the latter showed deficit of US$ 296 million. Month-to-date the flow of financial transactions shows a surplus of US$ 1.476 billion. Meanwhile, the trade balance stands with a US$ 754 million surplus.
*Translated by Sérgio Kakitani
