Brazil’s Currency Exchange Surplus Reflects Growing Trade Strength

In 2023, Brazil’s currency exchange surplus soared to $11.431 billion, marking the highest peak in over a decade, according to the Central Bank. Compared to 2012, the surplus increased, indicating economic growth. Until mid-December, the surplus continued to climb, reaching $21.822 billion. However, December saw a shift. A negative flow of $13.057 billion emerged, mainly […]

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