Brasília – USD dollar outflows from Brazil were higher than inflows by USD 3.5 billion in October, the Central Bank reported this Wednesday (4th). The deficit was mostly due to financial operations (investment in bonds, profit and dividend remittances and foreign direct investment, among other operations), with outflows exceeding inflows by USD 3.263 billion.
Export-/import-related foreign exchange operations recorded a USD 237 million deficit.
Year-to-date through October, there was a USD 7.665 billion foreign exchange surplus. Financial operations had a USD 9.506 billion deficit and export/import operations ran a USD 17.171 billion surplus.
*Translated by Gabriel Pomerancblum
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