Brazil recorded a total positive exchange rate flow of $48 million in June through June 23, in a move guaranteed by financial channels, the central bank said on Wednesday.
The most recent data are preliminary and form part of the statistics relating to the exchange rate.
Through the financial channel, there were net inflows of $460 million from June through June 23. Foreign direct and portfolio investment, profit remittances and interest payments, among other transactions, are made through this channel.
Through the commercial channel, the balance from June to 23rd was a negative $413 million.
In the cumulative result for the year to June 23, Brazil has a total positive exchange flow of $12.207 billion.
Source: Terra
Rose James is a Gossipify movie and series reviewer known for her in-depth analysis and unique perspective on the latest releases. With a background in film studies, she provides engaging and informative reviews, and keeps readers up to date with industry trends and emerging talents.
