April 24, 2020 / 1:15 PM / a month ago

Brazil forecasts $1.5 bln foreign direct investment in April

BRASILIA, April 24 (Reuters) - Brazil’s central bank said on Friday it expects foreign direct investment into the country to total $1.5 billion in April, which would mark a sharp reduction from the $7.62 billion inflow registered last month.

The central bank also said it expects Brazil to post a current account surplus of $2 billion in April, which would be the second consecutive surplus following last month’s $868 million surplus. (Reporting by Jamie McGeever Editing by Chizu Nomiyama)

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