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By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – With the recent strong depreciation of the Brazilian real in relation to the U.S. dollar, making the prices of Brazilian products more attractive abroad the South American country’s trade balance registered a surplus of US$1.996 billion in October, the best result for the month since 2011.

According to Brazil’s Ministry of Development, Industry and Trade (MDIC) the positive result was a consequence of an increase by 25 percent of volume exported last month. The biggest increases in exported volumes were seen in iron ore, soybean . . .

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