Brazil's FDI hits highest level in 10 years


  • World
  • Tuesday, 27 Sep 2022

BRASILIA, Sept. 26 (Xinhua) -- Foreign direct investment (FDI) in the Brazilian economy reached 52.63 billion U.S. dollars between January and July, the highest level for the same period since 2012, when it totaled 56.4 billion U.S. dollars, according to a report released Monday by the Central Bank of Brazil.

In July alone, FDI inflow in the South American country totaled 7.72 billion U.S. dollars, compared to 6.64 billion U.S. dollars in July of last year.

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