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Brazil Current Account Deficit Shrinks to Smallest Since February 2018

RIO DE JANEIRO, BRAZIL - Brazil’s balance of payments position with the rest of the world improved in October, figures showed on Wednesday, as a US$1.5 (R$7.9) billion current account surplus helped narrow the 12-month accumulated deficit to its smallest in two and a half years.

A widening surplus in goods trade, and shrinking deficits in services and primary income again delivered the overall current account surplus, the central bank . . .

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