S\u00e3o Paulo \u2013 Brazil posted a current account deficit of USD 1.55 billion, a seven-year low for the month. In November 2022, the deficit had been USD 1.67 billion, the Central Bank of Brazil reported on Wednesday (3).<\/p>\n
Year to date through November, the current accounts deficit reached USD 33.65 billion, also a reduction from October 2023 and the same period in 2022, when it was at USD 49.9 billion (pictured above, the headquarters of the Central Bank in Bras\u00edlia).<\/em><\/p>\n According to information from Ag\u00eancia Brasil, the head of the Central Bank\u2019s Statistics department, Fernando Rocha, assessed that Brazil has a robust current account balance, with decreasing and low deficits, primarily due to the performance of the trade balance. In November, the balance between exports and imports was positive at USD 6.6 billion.<\/p>\n The Central Bank also released November\u2019s foreign direct investments (FDI) data. USD 7.78 billion entered the country in November 2023, a slight increase over the same month in 2022, when USD 7.58 billion was invested in Brazil. The Central Bank forecasts that direct investments in the country will reach USD 60 billion in 2023 and USD 70 billion in 2024.<\/p>\n The Bank also said Brazil\u2019s international reserves totaled USD 348.4 billion in November, a USD 8.15 billion expansion over November 2022.<\/p>\n Translated by El\u00fasio Brasileiro<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":" The negative balance in current transactions was of USD 1.55 billion, a drop from 2022.<\/p>\n","protected":false},"author":2316,"featured_media":357868,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[91],"tags":[571,46948,22644,232,7536,2226,3901,3413,3148,26557,496,10445,10446,47146,573],"class_list":{"0":"post-359166","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-balanca","9":"tag-balance","10":"tag-brasil-en-2","11":"tag-brazil","12":"tag-current-transactions","13":"tag-deficit","14":"tag-fdi","15":"tag-foreign-direct-investments","16":"tag-ied","17":"tag-investimentos-en","18":"tag-investments","19":"tag-reservas","20":"tag-reserves","21":"tag-resultado","22":"tag-trade-balance"},"wps_subtitle":"The negative balance in current transactions was of USD 1.55 billion, a drop from 2022.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/359166","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2316"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=359166"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/359166\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/357868"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=359166"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=359166"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=359166"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}