Net outflow in the financial segment exceeded the positive balance of trade in the period; deficit is US$ 1.46 billion
The contracted exchange flow was negative at US$ 1.462 billion until May 21, 2026. The (Central Bank) this Tuesday (May 26, 2026) in the monthly external sector report. Here is it (PDF – 400 kB).
The result resulted from the strong net outflow in the financial segment, which totaled US$6.811 billion in the period. The indicator measures the entry and exit of dollars from the Brazilian economy and influences the behavior of exchange rates and liquidity in the financial market.
According to the BC, the trade balance was positive at US$5.3 billion until May 21, but it was not enough to offset the withdrawal of resources from the financial account.
Contracted exports reached US$19 billion in the period. Imports totaled US$ 13.7 billion. In the financial segment, purchases of foreign currency reached US$37.6 billion, while sales reached US$44.4 billion.
The foreign exchange position in the spot market was sold at US$28.9 billion until May 21st. According to the BC, the data reflects contracts in the spot market and is not impacted by financial settlements.
RESERVATIONS ADVANCE
The Central Bank also reported that Brazil’s international reserves reached US$366.9 billion in April 2026. The stock increased by US$4.9 billion compared to March.
The monetary authority attributed the increase mainly to the net return on repurchase line operations, which added US$2 billion to reserves. Exchange rate variations resulting from the appreciation of other currencies against the dollar also contributed, with an impact of US$ 1.7 billion, in addition to interest income on international assets, which totaled US$ 0.8 billion.
International reserves are one of the main instruments for protecting the Brazilian economy against external shocks and volatility in the foreign exchange market. A high volume of reserves helps reduce risks in times of foreign capital outflow and pressure on the dollar.
