trending Market Intelligence /marketintelligence/en/news-insights/trending/mGOVMB2xdiXfLlq9pN8vOw2 content esgSubNav
In This List

Savings withdrawals continue to surpass deposits in Brazil

Video

S&P Capital IQ Pro | Powering Your Edge

Podcast

Street Talk Episode 81: Amid strong recovery, Banc of California hearing more M&A chatter

Video

S&P Capital IQ Pro | Unrivaled Sector Coverage

Blog

Banking Essentials Newsletter: September Edition


Savings withdrawals continue to surpass deposits in Brazil

Savings withdrawals in Brazil exceeded deposits by some 8.25billion Brazilian reais in April, according to data from the Banco Central do Brasil.

This is the fourth consecutive month where withdrawals have exceededdeposits, raising the negative balance in 2016 to about 32.30 billion reais, thecentral bank noted.

As of May 5, US$1 was equivalentto 3.54 Brazilian reais.