Brasília – The flow of foreign exchange, i.e. the balance of incoming and outgoing US dollars in Brazil, was USD 191 million positive in March up until the 11th. The data was released this Wednesday (16) by the Brazilian Central Bank.
The majority of the positive result in the period was recorded by the financial sector (investments in bonds, profit and dividend remittances and foreign direct investment, among other operations), with inflows overcoming outflows in USD 874 million. In the commercial sector (export-and-import-related foreign exchange operations), the deficit stood at USD 682 million.
Year-to-date up to March 11, there’s a deficit of USD 7.628 billion. In this period, the financial flow had a deficit of USD 12.235 billion, with the commercial flow registering a surplus of USD 4.608 billion.
*Translated by Sérgio Kakitani
