RIO DE JANEIRO, BRAZIL - Brazil registered a current account deficit of US$ 2.326 billion in February, as reported Friday, March 26th, by the Central Bank (BC). The monetary authority had estimated a deficit of US$ 2.3 billion. In the same month of 2020, the current account balance was negative by US$ 4.662 billion.
In the 12-month period, the difference between what the country spent and received in international transactions related to trade, income and unilateral transfers reached a negative balance of US$ 6.888 billion, equivalent to 0.48% of the Gross Domestic Product (GDP). In . . .