Brazil registers $983 mln net capital outflow in 2008

Special Report:Global Financial Crisis

RIO DE JANEIRO, Jan. 7 (Chinese media) -- Brazil registered

a net capital outflow of 983 million U.S. dollars in 2008, Brazil's Central Bank

said Wednesday.

Brazil registered an 87.4 billion U.S. dollar net

inflow in 2007.

Brazil's financial account registered a negative result

of 48.8 billion U.S. dollars in 2008, while in 2007 it registered a 10.7

billion U.S. dollar surplus.

Brazil's current account registered a surplus of 47.9

billion U.S. dollars last year, down from 76.7 billion U.S. dollars in 2007.

Exports totaled 187.9 billion U.S. dollars, while imports reached 140 billion

U.S. dollars.

According to the Central Bank, last year's results

were affected by a massive capital outflow that increased at the end of the year

with the escalation of the international financial crisis.