#BtcNewHolder dollars 👈

The outflow of dollars from Brazil between December 1st and 19th, of US$$ 14.699 billion, is the largest for the period in the Central Bank's historical series, which began in 2008. Considering exactly the first 19 days of the month, the largest outflow so far, of US$$ 12.651 billion, had been recorded in December 2019.

The first 19 days of December 2024 also have the second largest outflow of dollars through the financial channel in the historical series for the period. In total, US$$ 14.903 billion left the country through this route. The record, in this case, is from the same period in 2019, when the outflow reached US$$ 16.769 billion, on the same basis of comparison.

Last Thursday, the 19th, the president of the Central Bank, Roberto Campos Neto, said that the outflow of dollars from the country is occurring at a higher rate than the average of recent years. The financial flow was highlighted, including from individuals, in addition to the above-average dividend payments.

"The flow of dollars is quite negative", said the central banker, who attributed this negative flow partly to the interventions made by the BC in the exchange rate. Since the 12th, the monetary authority has already held seven spot auctions of dollars, injecting a total of US$$ 16.760 billion into the market.

Campos Neto and the director of monetary policy and future president of the Central Bank, Gabriel Galípolo, stated during a press conference for the Quarterly Inflation Report (RTI) that the institution will continue to monitor the market to provide liquidity. Galípolo joked, however, saying that there would be no "guidance" for the Central Bank's actions on the exchange rate, as he has already indicated for the next steps on interest rates. Galípolo currently serves as interim president of the institution since Campos Neto is on recess until the end of his term on December 31.