International Reserves in Brazil
Brazil - International Reserves
Current account records surplus in October
Brazil’s current account balance came in at a surplus of USD 329 million in October, contrasting the USD 686 million deficit recorded in the same month last year.
The current account surplus was chiefly due to a higher trade surplus, which came in at USD 5.9 billion in October (October 2017: USD 5.2 billion). Both export and import growth picked up notably in October. Meanwhile, foreign direct investment came in at USD 11.4 billion in October, above the USD 8.9 billion recorded in October 2017.
The 12-month accumulative current account deficit narrowed in October to USD 15.4 billion from September’s USD 16.4 billion deficit. October’s result represented approximately 0.8% of GDP.
Brazil Current Account Balance Forecast
Analysts who participated in this month’s LatinFocus Consensus Forecast expect a current account deficit of 1.5% of GDP in 2019. For 2020, panelists expect the current account deficit to widen to 1.6% of GDP.
Brazil - International Reserves Data
|International Reserves (USD)||359||364||356||365||374|
5 years of economic forecasts for more than 30 economic indicators.
Brazil International Reserves Chart
Source: Central Bank of Brazil and Met the why particular calculations.
|Bond Yield||11.03||-0.82 %||Nov 29|
|Exchange Rate||3.85||-0.13 %||Nov 29|
|Stock Market||89,711||-0.11 %||Nov 29|
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December 3, 2018
Conditions in Brazil’s manufacturing sector improved notably in November.
November 30, 2018
Recently-released GDP data revealed that the recovery revived in the third quarter, after activity was hit by the nationwide truckers’ strike in the previous period.
November 27, 2018
Brazil’s current account balance came in at a surplus of USD 329 million in October, contrasting the USD 686 million deficit recorded in the same month last year. The current account surplus was chiefly due to a higher trade surplus, which came in at USD 5.9 billion in October (October 2017: USD 5.2 billion).
November 26, 2018
Business sentiment in Brazil improved in November, with the Getulio Vargas Foundation’s (FGV, Fundaçao Getúlio Vargas) business confidence index rising to 94.7 points from 94.1 points in October.
November 23, 2018
The seasonally-adjusted consumer confidence index published by the Getulio Vargas Foundation (FGV, Fundaçao Getúlio Vargas) jumped 8.2% from the previous month in November.