Brazil posts current account deficit of $8.3 bln in April

BRASILIA Fri May 23, 2014 9:37am EDT

Related Topics

BRASILIA May 23 (Reuters) - Brazil posted a current account deficit of $8.291 billion in April, central bank data showed on Friday.

The country had been expected to post a deficit of $6.7 billion, according to the median forecast of 22 analysts in a Reuters poll. Brazil's current account deficit in March was $6.2 billion.

Foreign direct investment in Latin America's largest economy was $5.233 billion in April, below market expectations of $5.4 billion. (Reporting by Alonso Soto and Luciana Otoni; Editing by Chizu Nomiyama)

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

Find your dream retirement town

Florida? Hawaii? Reuters has teamed up with Zillow to give you the power to customize a list of your best places to retire.  Video | Full Article