Friday, 26 June 2009

Brazil Ctrl Bank: June 1-19 Forex Inflows Reach $380M

RIO DE JANEIRO (Dow Jones)--Brazil posted net foreign exchange inflows of $380 million in the June 1-19 period, the Brazilian Central Bank said Wednesday.

The central bank said this result was due to a trade surplus of $1.007 billion from exports totaling $7.59 billion in the first nineteen days of June, while imports were $6.58 billion.

In foreign financial transactions there was a $627 million net outflows, generated from total remittances of $20.63 billion and inflows of $20 billion.

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