July 23, 2013 / 1:36 PM / 4 years ago

Brazil posts $3.953 bln current account deficit in June

BRASILIA, July 23 (Reuters) - Brazil posted a current account deficit of $3.953 billion in June, central bank data showed on Tuesday.

The country had been expected to post a deficit of $4.8 billion, according to the median forecast of 13 analysts in a Reuters survey. The forecasts for the projected deficit ranged from $5.6 billion to $4.2 billion.

Brazil’s current account deficit in May was $6.420 billion, the central bank said last month.

Foreign direct investment in Latin America’s largest economy was $7.17 billion in June, above market expectations of $5.5 billion.

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below