October 25, 2013 / 12:38 PM / 4 years ago

Brazil posts $2.629 bln current account deficit in September

BRASILIA, Oct 25 (Reuters) - Brazil posted a current account deficit of $2.629 billion in September, central bank data showed on Friday.

The country had been expected to post a deficit of $1.8 billion, according to the median forecast of 22 analysts in a Reuters survey. Brazil’s current account deficit in August was $5.505 billion.

The forecasts for the projected deficit ranged from $1.2 billion to $4.4 billion.

Foreign direct investment in Latin America’s largest economy was $4.770 billion in September, in line with market expectations of $4.8 billion.

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