Published on Monday, July 23, 2012
Brazil Flash. The weakness of the real drives profit remittances down and prevents an additional increase in the current account deficit
Summary
The current account deficit remained practically unchanged in the first half of the year as the impact of a lower trade surplus was offset by a decline in profit remittances abroad
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- Geography Tags
- Brazil
Topics
- Topic Tags
- Macroeconomic Analysis
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Authors
BR
BBVA Research
BBVA Research
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