No menu items!

Brazil’s External Accounts Show a US$4.27 Billion Deficit in August

RIO DE JANEIRO, BRAZIL - The August current account deficit, which is purchases and sales of goods and services and income transfers from Brazil to other countries, has reached US$4.274 (R$17) billion, according to data released September 23rd, by the Central Bank (BC).

The result was well above that recorded in the same month in 2018: a deficit of US$1.757 billion.

From January to August, the deficit reached US$30.277 billion, against US$18.372 billion over the same period last year.

Among the external accounts data is the trade balance, which recorded a surplus . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?

Check out our other content