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28/08/2017 - 12:43hs

Federal public debt down 0.48% in July

Brazil’s external and domestic debt slid to a combined BRL 3.34 trillion last month, primarily due to a hike in its currency – the real – relative to the currencies that comprise its foreign-denominated debt.

Brasília – Brazilian federal public debt – which includes external and domestic debts – shrank by 0.48% from BRL 3.357 trillion in June to BRL 3.341 trillion in July, the Ministry of Finance’s National Treasury Secretariat reported this Monday (28).

Debt securities, which are payable in domestic currency, shrank by 0.27% from BRL 3.233 trillion to BRL 3.224 trillion. Federal External Public debt diminished by 6.12% to BRL 116.41 billion (USD 37.18 billion).

“The variation came mostly due to the hike of the real as against the main currencies that make up the country’s external debt and to net repayments to the tune of BRL 2.54 billion,” the report states.

*Translated by Gabriel Pomerancblum

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