Brazil Posts September Current-Account Surplus Of $434 Million

By Paulo Trevisani Features Dow Jones Newswires

Brazil recorded a current-account surplus of $434 million in September, reversing a $302 million deficit in August, the country's central bank said Thursday.

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The 12-month current-account deficit narrowed in September to $12.6 billion, or 0.63% of gross domestic product, from $13.5 billion in August.

Net foreign direct investment rose to $6.3 billion in September from $5.1 billion in August, the central bank said.

Write to Paulo Trevisani at paulo.trevisani@wsj.com

(END) Dow Jones Newswires

October 26, 2017 08:59 ET (12:59 GMT)