Back

LatinNews Daily - 28 June 2021

In brief: Brazil registers trade surplus in May

* Brazil’s central bank (BCB) has announced that the country registered a balance of payments (BOP) surplus of US$3.8bn in May, compared to a BOP deficit of US$519m in the same month last year. Year-on-year, the trade balance increased by US$5bn, with exports totalling US$27.2bn last month (up 54.4%), and imports totalling US$19bn (31.9%). Meanwhile, direct investment flows totalled US$1.2bn in May 2021, compared with US$3.1bn in May 2020. The BCB reported that as of May Brazil’s foreign currency reserves stood at US$353.4bn – an increase of US$2.5bn compared with the previous month.

End of preview - This article contains approximately 108 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

LatinNews
Intelligence Research Ltd.
167-169 Great Portland Street,
5th floor,
London, W1W 5PF - UK
Phone : +44 (0) 203 695 2790
Contact
You may contact us via our online contact form
Copyright © 2022 Intelligence Research Ltd. All rights reserved.