Brazil’s FX Outflows Ease Sharply as Deficit Narrows in Latest Data

Brazil’s foreign exchange flows showed a marked improvement in the latest reading, with the deficit narrowing significantly compared with the previous period. According to data updated on 25 March 2026, FX flows stood at -0.119 billion, an improvement from the prior level of -0.708 billion.

The smaller negative balance suggests that pressures on Brazil’s currency from net capital and trade-related outflows may be easing, even though flows remain in deficit territory. While still indicating more foreign exchange leaving the country than entering, the latest figure points to a moderation in outflows that could be seen as a tentative stabilisation signal by market participants tracking Brazil’s external position and currency dynamics.