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LatinNews Regional Monitor: Brazil & Southern Cone - 26 April 2019

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In brief: Brazil

* Brazil’s central bank (BCB) has released the latest balance of payment figures, which show that the country registered a current account deficit of US$494m in March 2019, a decrease on the US$666m current account deficit in March 2018. In the first quarter of the year, the accumulated current account deficit totalled US$8.2bn, a 9.2% decrease compared to the first quarter of 2018. Foreign direct investments (FDI) to the country fell slightly in March 2019 compared to the previous year, totalling US$6.8bn, but overall FDI for the first quarter increased, totalling US$21.1bn in the first three months of the year.