Foreign investment in Brazil reaches lowest value for January in 15 years

Foreign direct investments in the Brazilian economy totaled US$ 1.838 billion in January this year, the lowest level for the month since 2006 and a sharp drop of 30.7% compared to the same period in 2020, according to data released on Tuesday. (24) by the Central Bank (BC) of Brazil. The market was also waiting for $ 2.8 billion to enter. In the accumulated for 2020, foreign investments totaled US$ 34.167 billion, down 50.6% compared to 2019 and the lowest result since 2009. The significant weakening of investments in the country reflects investors' concerns and caution about the nation's economic future, which remains uncertain about facing the coronavirus pandemic and measures to rebalance public coffers.

This text was translated by machine from Brazilian Portuguese.