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Brazil posts $6.248 bln current account deficit in March
April 25, 2014 / 1:40 PM / in 4 years

Brazil posts $6.248 bln current account deficit in March

BRASILIA, April 25 (Reuters) - Brazil posted a current account deficit of $6.248 billion in March, central bank data showed on Friday.

The country had been expected to post a deficit of $6.450 billion, according to the median forecast of 6 analysts in a Reuters poll. Brazil’s current account deficit in February was $7.445 billion.

Foreign direct investment in Latin America’s largest economy was $4.995 billion in March, above market expectations of $3.5 billion. (Reporting by Alonso Soto and Luciana Otoni; Editing by Chizu Nomiyama)

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