BRASILIA: 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.
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.