Spending on foreign trips totaled USD 1.382 billion. The decline occurred due to the dollar’s appreciation against the real.
Browsing: current account
The Fund believe that the country’s economy will pick up in 2018 and 2019 after a downturn in 2017.
Financial institutions revised down their forecast for the Brazilian Central Government’s deficit.
The country saw a USD 435 million surplus in June of this year.
Dollar inflow surpassed outflow in Brazil last month. Year-to-date, there’s a forex surplus of USD 22.5 billion.
In May, the current account surplus was USD 729 million. Year-to-date, however, it has a USD 4 billion deficit.
For the third consecutive month, the country registered a current account surplus in April.
March saw revenue outweigh spending by USD 798 million surplus, but year-to-date there was a deficit.
