World

Brazil current account gap down more than expected in Jan

Published February 26, 2018 Updated February 26, 2018 03:20pm

It was the best current account number for the month of January in eight years.

The current account was -$4.310 billion, the same as in the previous month and below the median forecast of -$4.991 billion in a Reuters poll of economists. Foreign direct investments totaled $6.466 billion in the month, well above a $3.8 billion forecast.

 

Copyright Reuters, 2018