Back

LatinNews Daily - 26 October 2020

In brief: Brazil’s FDI comes in below expectations in September

* Brazil’s central bank (BCB) has released its latest statistics for the external sector, which show that foreign direct investment (FDI) to the country remains at very low levels. FDI totalled US$1.6bn in September, below the predicted sum of around US$2bn, and representing a sharp drop from the US$6bn registered in September 2019. This September’s FDI levels are the lowest recorded for that month since 2005. In the 12 months to September, FDI to Brazil totalled US$50bn, equivalent to 3.31% of GDP (the lowest level recorded since July 2018).

End of preview - This article contains approximately 94 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

LatinNews
Intelligence Research Ltd.
167-169 Great Portland Street,
5th floor,
London, W1W 5PF - UK
Phone : +44 (0) 203 695 2790
Contact
You may contact us via our online contact form
Copyright © 2022 Intelligence Research Ltd. All rights reserved.