Brazil has a negative exchange rate flow of US$ 6,7 billion in January, says the Central Bank.
Last week, from January 27th to 31st, the total exchange rate flow was positive at US$1,253 billion.
SAO PAULO (Reuters) - Brazil ended January with a total negative exchange rate flow of US$6,700 billion, a movement driven by both financial and commercial factors, the Central Bank reported on Wednesday.
The most recent data is preliminary and forms part of the statistics relating to contracted exchange rates.
Through the financial channel, there were net outflows of US$4,562 billion in January. This channel handles foreign direct and portfolio investments, profit remittances, and interest payments, among other operations.
Through the commercial channel, the January balance was negative by US$ 2,137 billion.
WEEK - Last week, from January 27th to 31st, the total exchange rate flow was positive at US$1,253 billion.
(By Fernando Cardoso)
