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International reserves in Brazil will fall 7.1% after Central Bank sold dollars

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Data from Bonco Central (BC) Released on Tuesday International reserves Do it Brazil They fell by 7.1% in 2024, from $ 355.03 billion in late 2023 to $ 329.73 billion last year. The main reason for this reduction is the sale of dollars in the domestic market in the last quarter of 2024.

AS International reserves They manage the country to ensure money and financial stability in foreign currencies, pay external commitments and deal with financial crises. When Bonco Central It sells dollars, using these reserves.

In this case, in this case, the goal is to inject more foreign currency into the market, which helps to control the dollar price against the real.

This fall in the overall value of the reserves, the BC He believes that investments made with these resources have a positive return of 3.02% last year. This revenue is mainly from applications in other countries titles. However, the differences in the value of foreign currencies have caused a loss of 0.18%.

Oh Bonco Central It also reported that the market risk was reduced between 2023 and 2024. This danger is measured as “risk value”, which is an indicator of financial losses in negative scenes. The average VAR has fallen from 6.1% to 4.9%, which reflects less volatility in international markets. The highest decline is tied to interest, which has reached 5.0% to 3.8% because of the low variation of investment interest rates made BC.

“The reason for this is that in 2023, in 2024, there are investments in international reserves in the fixed income markets in the fixed income markets in 2024,” BC explained.

Credit Risk, which assesses the security of assets Reserve money It is applied, in a safe level. Most investments are still concentrated in assets with maximum quality grade, “AAA”.

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