Nominal Budget Balance

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Sep 29, 13:30  Nominal Budget Balance -44.62B -47.2B -45.54B

Nominal Budget Balance

The Budget Balance released by the Ministério da Fazenda is the difference between income and expenditure at the end of the budget's period . If the amount is positive then the balance shows a surplus, to the contrary, if it is negative, the balance is in deficit, therefore unveiling borrowing needs. Generally, a surplus is seen as positive (or bullish) for the BRL and a deficit is seen as negative (or bearish).



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