Brazil posts $2.3 bln current account surplus in Sept, sixth surplus in a row

BY Reuters | ECONOMIC | 10/23/20 08:46 AM EDT

BRASILIA, Oct 23 (Reuters) - Brazil posted a current account surplus of $2.3 billion in September, the central bank said on Friday, the sixth consecutive monthly surplus but less than the $3 billion forecast in a Reuters poll of economists.

The overall deficit over the preceding 12 months widened slightly to 1.66% of gross domestic product, while foreign direct investment in September totaled $1.6 billion, the central bank said. Economists had forecast FDI of $2.1 billion. (Reporting by Jamie McGeever and Isabel Versiani; editing by Jason Neely)

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