Brazilians spent record amount abroad

Brazilians spent $2.415 billion abroad in July, a record result reported by the Central Bank in the monthly time series that began in 1995. In the first seven months of this year, the total was $14.9 billion as against $14.403 billion in the same period of 2013.

The results indicate that staging the World Soccer Cup in Brazil did not reduce the flow of Brazilians traveling abroad – it actually increased between June 12 and July 13.