City
Epaper

Brazilian tourism spending abroad jumps 173%

By IANS | Updated: April 30, 2022 05:25 IST

Brasilia, April 30 Brazil travelling abroad spent $1.4 billion in the first two months of 2022, a 173 ...

Open in App

Brasilia, April 30 Brazil travelling abroad spent $1.4 billion in the first two months of 2022, a 173 per cent increase compared to the same period in 2021, according to data published by the Central Bank of Brazil.

The bank's report on Friday said the jump in tourism spending abroad was due to relaxed health restrictions as Covid-19 cases declined, Xinhua news agency reported.

Since March 2020, such spending dropped because of travel restrictions and a depreciation of the Brazilian currency against the US dollar.

Despite the increase, Brazilian tourism spending abroad remains well below the pre-pandemic period.

In the same period of 2020, Brazilian travellers spent $2.32 billion abroad, that is 55.7 per cent more than in the first two months of this year.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Central Bank of BrazilBrazilXinhuaBrasilia
Open in App

Related Stories

FootballARG 4-1 BRA, FIFA World Cup 2026 Qualifier: Messi-Less Argentina Thrash Brazil

InternationalWoman Tries to Kill Co-Worker by Poisoning Water Over Promotion Dispute in Brazil

MumbaiBrazilian Woman Arrested at Mumbai Airport for Smuggling Cocaine Worth Rs 11 Crore Inside Her Stomach

InternationalBrazil Plane Crash: Two Killed, Several Injured as Aircraft Crashes into Busy Street in São Paulo (VIDEO)

FootballMarcelo Retires at 36: Cristiano Ronaldo Sends Heartfelt Message to Former Real Madrid Teammate

Politics Realted Stories

MaharashtraPower Struggle in Maharashtra? Gulabrao Deokar, Satish Patil Join Ajit Pawar’s NCP Amid Mahayuti Rift

Maharashtra'Unity Not Just for Elections': MNS Leader Sandeep Deshpande on Possible Thackeray Alliance

PoliticsMurshidabad Violence: Shehzad Poonawalla Slams Yusuf Pathan Over Tea Post, Says, “As Hindus Get Slaughtered…”

PoliticsTamil Nadu Assembly Elections 2026: BJP-AIADMK Join Hands, Palaniswami To Lead Alliance, Says Amit Shah

Politics‘No Injustice to Muslims’: Shiv Sena Leader Manisha Kayande Slams Opponents of Waqf Amendment Bill