Reuters logo
Brazil's external deficit to widen in 2017 -cenbank
December 20, 2016 / 5:15 PM / a year ago

Brazil's external deficit to widen in 2017 -cenbank

BRASILIA, Dec 20 (Reuters) - Brazil’s central bank expects the country’s current account deficit to widen to $28 billion in 2017 from $22 billion this year, according to external data released on Tuesday.

Brazil’s current account gap shrank in November from the previous month to $878 million, but was wider than the 200 million gap expected by the median of analysts in a Reuters poll.

The country also attracted $8.752 billion in foreign direct investment in November, above forecasts in a Reuters poll for an inflow of $6.5 billion. (Reporting by Marcela Ayres; Writing by Alonso Soto; Editing by Chizu Nomiyama)

Our Standards:The Thomson Reuters Trust Principles.
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