An error in compiling data from the exchange flow historical series – the volume of dollars entering and leaving the country – pointed to a difference of US$ 14.5 billion. The Central Bank (BC) found inconsistencies in the year 2022 and also in the last three months of 2021.
After a review of the information, the BC reported that, in 2022, Brazil recorded an outflow of more than US$ 3 billion instead of a net inflow of approximately US$ 9.5 billion, previously reported.
When there is a net outflow, it means that more dollars left the country than entered. When the opposite happens, the result is a net inflow of US currency into the country.
The 2021 data also showed an error, with lesser repercussions since they only include the last 3 months of the year. The difference, in this case, was US$ 1.7 billion.
Already in 2022, the error generated a hole of almost US$ 13 billion.
In a video published yesterday (26) on social networks, the head of the Department of Statistics of the BC, Fernando Rocha, apologizes for the failure.
With the error, the 2022 exchange rate changes from positive, based on incorrect data, to negative after the revision.
Check out the full video on BC’s YouTube channel:
