Financial markets lost US$360 million in foreign investments

28/11/2005 - 19h31

Alana Gandra
Reporter Agência Brasil

Rio – Brazil"s Securities and Exchange Commision (Comissão de Valores Mobiliários) (CVM) reports that in October, while foreign investors put US$2.915 billion in Brazilian financial markets, they took out US$3.275 billion, for a net loss for the country of US$360 million.

However, for the year (January to October) there has been a cumulative gain of US$14.6 billion in foreign investments in Brazil.

Translation: Allen Bennett

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