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LatinNews Daily - 27 May 2021
In brief: Brazil sees current account surplus in April
* Brazil’s central bank (BCB) has released the latest figures for the external sector, which show that the country saw a record current account surplus in April. Brazil posted a US$5.7bn current account surplus in April, compared with a US$199m surplus in April 2020. This record result has been driven by Brazil’s positive trade balance, a result of high commodity prices. In the 12 months to April 2021, Brazil’s current accounts accumulated a deficit of US$12.4bn (0.84% of GDP), down from US$17.9bn or 1.23% of GDP in the 12 months to March.
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