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Brazil external gap widens, foreign investment soars

BRASILIA: Brazil's current account deficit shrank in October from the previous month to $3.

Published November 22, 2016 Updated November 22, 2016 01:40pm

1 min

By Shoaib Ur Rehman

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BRASILIA: Brazil's current account deficit shrank in October from the previous month to $3.339 billion, central bank data showed on Tuesday, slightly above the $3.1 billion shortfall forecast in a Reuters poll.

The country also attracted $8.4 billion in foreign direct investment in October, well above the forecast in a Reuters poll for an inflow of $6.5 billion.

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