Brazil sees current account gap outpacing FDI in February

BRASILIA Fri Feb 22, 2013 9:21am EST

BRASILIA Feb 22 (Reuters) - Brazil's central bank said in Friday it expects the country's current account deficit to outpace foreign direct investment flows in February.

The bank's head of economic research Tulio Maciel said he expects a current account gap of $5.7 billion and foreign direct investment of $3.5 billion this month.

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.