LatinNews Daily - 26 April 2023

In brief: Brazil registers current account surplus for March

* Brazil’s central bank (BCB) has released the figures for the country’s balance of payments for March, which showed a current account surplus of US$286m, in contrast to the deficit of US$3bn registered in March 2022 and to the deficit of US$2.8bn in February 2023. Brazil’s current account deficit in the 12 months to March 2023 was at US$52.3bn (2.66% of GDP), down from the US$54.4bn (2.78% of GDP) registered in the 12 months to February. Foreign direct investment (FDI) in March also increased, in both monthly and yearly terms, registering US$7.7bn, up from US$6.5bn in February and from US$6.9bn in March last year.

Intelligence Research Ltd.
167-169 Great Portland Street,
5th floor,
London, W1W 5PF - UK
Phone : +44 (0) 203 695 2790
You may contact us via our online contact form
Copyright © 2022 Intelligence Research Ltd. All rights reserved.