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Brazil sets worst yearly exchange net flow since 2020 - central bank

ReutersJan 8, 2025 6:13 PM

- Brazil registered a total net outflow of $18.01 billion in 2024, the largest amount since 2020, amid a historical depreciation of the Brazilian real, according to data released by the central bank on Wednesday.

The result came after it reported a net outflow of $26.41 billion in December.

(Reporting by Fabricio de Castro; Writing by Isabel Teles; Editing by Kylie Madry)

((Isabel.Teles@thomsonreuters.com;))

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