Brazil March Current Account Deficit Hits 6 Billion
Brazil reported a larger than expected current account deficit of 6.036 billion dollars in March as imports outpaced exports. FDI also fell below forecasts.
Xurve View
Xurve View
Brazil recorded a current account deficit of $6.036 billion in March, according to data released by the central bank on Friday. The figure surpassed the $5.489 billion shortfall anticipated by economists in a Reuters poll, indicating a sharper-than-expected widening of the nation's external gap.
