Tag: Tulio Maciel

• Wednesday, August 24th 2011 - 07:00 UTC

  Record DFI in Brazil narrows significantly current account deficit

  

  Brazil's 12-month current account deficit narrowed in July on rising revenue from exports and strong foreign direct investment. The 12-month deficit declined to 47.9 billion dollars or 2.1%, of GDP, from 49 billion, or 2.2% of GDP in June, the central bank said Tuesday.

• Friday, July 1st 2011 - 03:14 UTC

  Brazil exceeds primary budget surplus target and keeps net debt under control

  

  Brazil’s primary budget surplus exceeded expectations in May, providing additional support for the central bank in its efforts to cool the fastest inflation since 2005. The bank also revealed that net debt for May was 39.8% of GDP.

• Thursday, April 28th 2011 - 06:39 UTC

  Brazil’s bank lending slows down as government curbs credit

  

  Brazil’s bank lending expanded in March at the second-slowest pace in 13 months as the government stepped up efforts to contain demand and inflation by curbing credit to consumers.

• Wednesday, April 27th 2011 - 11:11 UTC

  Brazil’s strong currency fuels current account deficit in March

  

  Brazil's current account deficit ballooned to a record for the month of March as foreign companies in Brazil sent more profits home and Brazilians spent more on travel and goods overseas.