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Finance

19/07/2017 at 13:57h

Federal revenues up 3% in June

Tax collection and contributions totaled BRL 104.1 billion (USD 33.34 billion), an increase over the same month of last year. Year-to-date until June, revenues went up 0.77%.

18/07/2017 at 18:36h

BNDES cuts disbursements by 16.6%

The Brazilian Development Bank approved BRL 33.5 billion (USD 10.73 billion) in loans in the year’s first six months.

14/07/2017 at 19:18h

Dollar ends the week below BRL 3.20

The North American currency registered the second consecutive weekly drop against the real, in the sharpest decline since December of last year.

12/07/2017 at 20:09h

Dollar down, stocks up with Lula’s sentencing

The North American currency ended the day at its lowest level since May 17. Bovespa ended today at the highest level since the same date.

06/07/2017 at 17:32h

Brazil sees net savings surplus for 2nd straight month

Net savings deposits reached USD 1.8 billion in June, the highest amount for the period since 2013. Year-to-date, withdrawals outweighed deposits.

05/07/2017 at 16:09h

Forex balance in deficit in June

Brazil’s dollar inflow surpassed the outflow in USD 4.3 billion last month, according to the Brazilian Central Bank.

05/07/2017 at 16:03h

Commodity prices remain flat

An index that tracks the costs of staple goods in Brazil dropped slightly by 0.02% in June from May. In the 12 months through June, however, the indicator slid by 4.6%.

29/06/2017 at 18:02h

Algeria’s forex reserves declining

The oil price slump and increasing imports have stemmed the influx of currency to the country. Foreign exchange reserves amount to USD 108 billion right now.

29/06/2017 at 15:42h

Government lowers inflation target after 14 years

The National Monetary Council has set a 4.25% target for 2019 and a 4% one for 2020. The rate pursued by the federal administration had been 4.5% since 2003.

27/06/2017 at 16:01h

Brazilians’ spending abroad up 34%

Spending by Brazilians in other countries totaled USD 1.4 billion in May. The amount is the highest for the month since 2014.

27/06/2017 at 15:51h

Current account has highest surplus for a May

Current account’s surplus stood at USD 2.884 million last month. Year-to-date, it has a deficit of USD 61 million.

26/06/2017 at 13:48h

Public debt climbed 0.26% in May

Brazil’s external and domestic debt went up last month over the previous one. The debt reached BRL 3.25 trillion (USD 1.01 trillion).