Brazil's forex flow negative by $4.6 billionStaff writer ▼ | July 9, 2015
United States dollar outflows from Brazil surpassed inflows, and the negative balance persists throughout the early days of July.
Currency The Central Bank reported:
Last month, financial operations (investment in bonds, profit and dividend remittances to foreign countries and foreign direct investment in Brazil, among other operations) saw outflows exceeding inflows by $7.629 billion. Export- and import-related forex operations showed a $2.935 billion surplus.
From July 1st to 3rd, the balance of financial operations was negative by $1.513 billion and export/import operations showed a $9 million deficit.
From January through July 3rd, foreign exchange flows were positive by $9.577 billion in Brazil. During this period, financial operations had a $225 million deficit and export/import registered a $9.802 billion surplus. ■