Brazil’s Currency Flow Plummets in January, Marking Second-Worst Since 1982

The Central Bank of Brazil reveals that January 2025 witnessed a currency outflow of $6.7 billion, the second most severe for any January since 1982. This significant capital flight breaks down into a $2.137 billion commercial deficit and a $4.562 billion financial deficit. Despite this, the Brazilian Real has surprisingly strengthened against the dollar, dropping […]