Brazil recorded a positive balance of foreign exchange flows of US$1.834 billion in July

The Central Bank of Brazil announced today that in July, Brazil recorded a positive balance of US$1.834 billion between the inflow and outflow of dollars in the country.

According to the issuer, with the result of July, Brazil recorded a positive balance of US$20.968 billion in exchange flow in the first seven months of the year, higher than the US$16.172 billion that entered the country in the same period last year.

In July, the financial channel, which includes foreign direct and portfolio investment, profit remittances, and interest payments, recorded a liquidity outflow of US$1.141 billion after recording inflows of US$38.636 billion and outflows totaling US$39.777 billion.

Foreign trade was positive by US$2.974 billion in July, with imports totaling US$18.568 billion and exports US$21.542 billion.

In 2021, Brazil returned to a positive balance in the foreign exchange flow with US$6.134 billion after having a negative result of US$27.923 billion in 2020.