Brazil recorded a total positive foreign exchange flow of 5.198 billion dollars in January, driven by the commercial sector, the Central Bank reported on Thursday. The most recent data is preliminary and is part of the statistics related to contracted exchange rates.
In the financial sector, there was a net inflow of 510 million dollars in January. This sector includes direct foreign investments, portfolio investments, profit remittances, and interest payments, among other operations. In the commercial sector, the balance for January was positive at 4.688 billion dollars.
Last week, from January 19th to February 2nd, the total foreign exchange flow was negative at 1.473 billion dollars. Year-to-date as of February 2nd, Brazil has recorded a total positive foreign exchange flow of 4.883 billion dollars. In the same period last year, the flow was positive at 3.968 billion dollars.
Usually released on Wednesdays, the foreign exchange flow data was released on Thursday due to the Central Bank employees’ movement for better salaries.