Brasília – In September, dollar inflow in Brazil exceeded the outflow by US$ 8.484 billion, according to figures announced by the Brazilian Central Bank (BC) this Wednesday (5). In the same month of last year, the foreign exchange flow also showed a surplus, at US$ 13.726 billion.
Investment in bonds, shares, remittances of profits and dividends to foreign countries, among other operations, recorded a US$ 274 million deficit, and the balance of trade (which concerns foreign trade operations) showed a US$ 8.758 billion surplus.
From January to September, the forex flow showed a surplus of US$ 68.298 billion, as against US$ 17.122 billion in the same period of last year. In the first nine months of 2011, investment in bonds, shares, remittances of profits and dividends to foreign countries, among other operations recorded a surplus of US$ 30.425 billion, and the trade surplus reached US$ 37.872 billion.
Due to the high price of the United States dollar, the Central Bank stopped purchasing dollars on the spot market. As a result, this type of operation amounted to US$ 327 million in September.
*Translated by Gabriel Pomerancblum
