Brazil's FX outflow surges to $33.3 bln in 2025, largest since 2019

BY Reuters | ECONOMIC | 01/07/26 04:25 PM EST

SAO PAULO, Jan 7 (Reuters) - Brazil posted a foreign exchange outflow of around $33.3 ?billion in 2025, the ?largest since 2019, preliminary data ?from the ?central ?bank showed on Wednesday.

* The outflow ?grew from ?the nearly $18.6 billion deficit recorded in 2024.

* ?The movement ?was ?driven mainly by financial flows, where net outflows came ?in at around $82.5 billion.

* Commercial flows had a positive balance of about $49.2 billion.

* ?In ?December alone, Brazil posted a ?foreign exchange outflow of some $13.5 billion, with companies rushing to remit funds for dividend payments. (Reporting by Fabricio ?de Castro; additional reporting and writing by Fernando Cardoso; ?Editing by Kylie Madry)

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