Tuesday, June 26, 2007

UPDATE 2-Brazil April current account widens, FDI jumps

(Reuters) - SAO PAULO, June 26 - Brazil's current account
surplus reached a record for the month of April as foreign
investors flocked to the country's bond and equity markets and
poured more cash into machinery and factories, government data
showed on Tuesday.




The surplus rose to $1.82 billion in April
from $91 million a year earlier and $817 million in March. It
was higher than the $1.5 billion median forecast of 21
economists in a Reuters poll, in which the forecasts ranged
from $1.2 billion to $2 billion.


Read more at Reuters.com Bonds News

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