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Brazil Current Account (USD)

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Brazil Current Account (USD)

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Delivery Method

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Status

 
Latest Release
Nov 25, 2024
Actual
-5.88B
Forecast
-6.00B
Previous
-6.50B
The Current Account index measures the difference in value between exported and imported goods, services and interest payments during the reported month. The goods portion is the same as the monthly Trade Balance figure
Because foreigners must buy the domestic currency to pay for the nation's exports the data can have a sizable affect on the BRL. A higher than expected reading should be taken as positive/bullish for the BRL , while a lower than expected reading should be taken as negative/bearish for the BRL.
Importance:
Country:
Currency: BRL
Source: Banco Central do Brasil
Brazil Current Account (USD)
 
Release Date Time Actual Forecast Previous
Dec 23, 2024 (Nov) 06:30   -3.20B -5.88B
Nov 25, 2024 (Oct) 06:30 -5.88B -6.00B -6.50B
Oct 29, 2024 (Sep) 06:30 -6.50B -5.00B -6.90B
Sep 25, 2024 (Aug) 06:30 -6.60B -5.10B -5.20B
Aug 26, 2024 (Jul) 06:30 -5.20B -4.00B -4.40B
Jul 25, 2024 (Jun) 06:30 -4.00B -3.00B -3.40B

News

Analysis

Marc Chandler
Emerging Markets: Week Ahead Preview By Marc Chandler - Jul 23, 2018

EM FX saw some violent swings last week, due in large part to some unhelpful official comments Friday. BRL and TRY were the best performers last week, while RUB and CLP were the worst. When all is...

Marc Chandler
Emerging Markets: Preview Of The Week Ahead By Marc Chandler - Jun 25, 2018

(from my colleague Dr. Win Thin)EM FX ended Friday mixed, and capped off a mixed week overall as the dollar’s broad-based rally was sidetracked. EM may start the week on an upbeat after PBOC cut...

Marc Chandler
Emerging Markets: Week Ahead Preview By Marc Chandler - Oct 23, 2017

(from my colleague Dr. Win Thin)EM FX ended the week on a soft note. Indeed, nearly every EM currency was down for the entire week, led by ZAR, BRL, and TRY. While higher US rates will pressure EM FX...

Current Account (USD) Discussion

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