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Brazil cuts 2017, 2018 current account deficit forecasts

Published December 20, 2017 Updated December 20, 2017 11:32pm

The central bank now expects a $9.2 billion deficit this year and $18.4 billion deficit next year, down from $16 billion and $30 billion previously. Brazil posted a $2.4 billion current account deficit in November, wider than the $1.8 billion median estimate in a Reuters poll of economists.

Copyright Reuters, 2017