Bras\u00edlia \u2013 Brazil\u2019s inflow and outflow of dollars, the Forex balance, generated a surplus of US$ 3.458 billion over the first five working days of October, up to last Friday (7), according to a bulletin disclosed today (13) by the Central Bank of Brazil (BC). The trade turnover registered a balance of US$ 1.833 billion and the financial flow generated a surplus of US$ 1.625 billion.<\/p>\n
With this result, the aggregate balance this year has reached US$ 71.756 billion, against US$ 19.584 billion in the same period in 2010 and US$ 24.354 billion throughout last year. The record inflow of dollars is the result of a balance of US$ 39.705 billion in trade transactions and US$ 32.051 billion in the financial flow.<\/p>\n
The inflow of dollars has been accentuated throughout the year, except in June, when the year\u2019s only deficit took place (US$ 2.556 billion), as a result of expansion of the Financial Operations Tax (IOF) levied on foreign loans, aimed at containing depreciation of the US dollar as against the Brazilian real.<\/p>\n
After the initial impact of the measure, foreign investors returned to Brazil with a redoubled appetite for the country\u2019s high interest rates and, in the following month, the net inflow reached US$ 15,825 billion \u2013 the highest monthly surplus this year. The tendency for inflow of dollars remained in the following months, but at a lower rhythm.<\/p>\n
*Translated by Mark Ament<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"
This is the difference between Brazil\u2019s inflow and outflow of foreign currency in the whole of 2011.<\/p>\n","protected":false},"author":2315,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[91],"tags":[],"class_list":{"0":"post-39563","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy"},"wps_subtitle":"This is the difference between Brazil\u2019s inflow and outflow of foreign currency in the whole of 2011.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/39563","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2315"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=39563"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/39563\/revisions"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=39563"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=39563"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=39563"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}