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SAO PAULO - Brazil's central bank said on Wednesday it bought $2.625 billion worth of U.S. dollars on the spot foreign exchange in August, with another $323 million in purchases in the first four days of September.
Dollar purchases, which are used by the central bank to ease fluctuations in Brazil's currency, the real BRBY, and remove excess foreign currency from financial markets, totaled nearly $11.11 billion since early May.
Dollar inflows to the country totaled $2.957 billion last month, compared with inflows of $1.27 billion in July, the bank said. The country had outflows of $1.108 billion this month to Sept. 4. (Reporting by Silvio Cascione; Writing by Elzio Barreto; Editing by James Dalgleish)