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Brazilian forex surplus at $1.2 billion

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Staff Writer | August 4, 2016
After two months, Brazil registered a foreign exchange surplus in July at $1.297 billion, according to the Central Bank.
Brazil Central Bank
LatAm   According to the Central Bank
The result was driven by export/import related foreign exchange operations, which showed a $4.092 billion surplus.

Financial operations (investment in bonds, profit/dividend remittances to foreign countries, and direct investment in the country, among other operations) had a $2.794 billion deficit.

From January to July, a $9.111 billion forex deficit was registered, the result of a $38.613 billion financial operations deficit and a $29.502 billion surplus in export/import forex operations.

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