Market estimates for dollar, trade, current account deficit and foreign investment

The latest weekly market survey by the Central Bank, the Focus report, found financial institutions and analysts expecting a stable
period for the exchange rate with the dollar closing at R$1.75 in both
2012 and 2013.

As for foreign trade, the forecast is for a surplus of $19.1 billion
(down from $19.5 billion) this year, and $14 billion (down from $14.5
billion) in 2013.

The market projection for Brazil’s current account deficit is that it
will reach $68 billion this year (the forecast a week ago was $67.95
billion); the forecast for 2013 was steady at $70 billion.

Expectations in the market for direct foreign investment in Brazil in 2012 and 2013 were steady at $55 billion