Foreign accounts have first positive balance in 18 months
DCI 05/27/2009
After 18 months of deficits, the current transactions - Brazilian accounts abroad - registered a surplus of US$ 146 million in April. This result is the sum of the active trade balance (US$ 3.7 billion) and of unilateral surplus transferences (US$ 265 million), less the Country's expenditure with services and revenues, which amounted to US$ 3.832 billion last month (an amount that is 24.8% smaller if compared to the same period of 2008).
The data presented yesterday by the Central bank shows the balance of payments of the foreign sector registered a surplus of US$ 1.8 billion in April. Among the figures of the financial account, the net inflow of US$ 1.9 billion and the inflow of direct foreign investments (DFI) that amounted to US$ 3.4 billion - the best result since December of last year - stand out. In the same period of 2008, the DFI were positive at US$ 3.8 billion. According to the report of the BC (Central Bank), the foreign investments in stocks and government bonds were positive for the second time in 2009. Considering only the stocks traded in the Country, US$ 630 million entered the Country in April. With that result, the accumulated balance for this year was positive at US$ 624 million. In fixed income securities traded in the Country, US$ 66 million entered the Country in April. In the year, the result is still negative at US$ 1.589 billion. The report shows the international reserves in the liquidity concept - which includes the buyback lines and the loan operations in foreign money - increased US$ 1.1 billion compared to the previous month, reaching US$ 201.3 billion. Regarding the total foreign indebtedness, estimated for the month of April, it reached 193.1 billion, an increase of US$ 511 million compared to the estimate position of March this year.