Data from Panco Central ((B.C.E.It was released on Tuesday indicating that International reserves Do Brazil They decreased by 7.1 % in 2024, from 355.03 billion US dollars at the end of 2023 to $ 329.73 billion to FM last year. The main reason for this reduction was the sale of dollars in the local market during the last quarter of 2024.
like International reserves It is an amount of money in foreign currencies that the country keeps to ensure financial stability, pay foreign obligations and confront economic crises. when Panco Central He sells dollars and uses these reserves.
The goal, in this case, is to pump more foreign currency into the market, which can help control the price of the dollar against reality.
Even with this fall in the total value of reserves, B.C.E. He pointed out that the investments made with these resources were a positive return of 3.02 % last year. This return came mainly from requests in titles from other countries. However, the differences in the value of foreign currencies caused a small loss of 0.18 %.
S. Panco Central He also stated that the market risk of reserves decreased between 2023 and 2024. This risk is measured by “value of risks”, an indicator that appreciates possible financial losses in harmful scenarios. VAR average decreased from 6.1 % to 4.9 %, which reflects less instability in international markets. The highest decrease in the risk of benefits, which moved from 5.0 % to 3.8 %, was the highest decrease in the interest rates from the investments he made B.C.E..
“This is because, compared to 2023, in 2024 there was a decrease in the volatility of interest rates in the fixed income markets where there are investments in international reserves,” British Columbia explained.
Credit risks, which evaluate the safety of the assets that Book money It is applied, remained at a safe level. Most investments are still focused in assets with the maximum quality, “AAA”.
