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Montevideo, April 25th 2024 - 08:56 UTC

Tag: market expectations

  • Thursday, November 5th 2020 - 09:10 UTC

    Brazil's trade surplus reaches US$ 47,6 billion in ten months

    In terms of exports, the end of the grain harvest caused agricultural exports to fall a daily average of US$ 36.93 million compared to October last year

    The Brazilian Ministry of Economy released the result of the country's October trade balance, US$ 5.5 billion surplus, but lower than market expectations. The result was again leveraged by the significant retraction in imports, while market expectations were forecasting a US$ 6.1 billion surplus.