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Brazil may return to surplus in foreign accounts in 2021 after 14 years of deficits

RIO DE JANEIRO, BRAZIL - With a new boom in commodities (basic products such as oil, grains, and minerals) on the international market, Brazil should once again close its foreign accounts with the first positive balance in 14 years. According to the Central Bank, after a US$12.5 billion slump last year - considered low by Brazilian standards - the estimate is for a positive balance of US$2 billion in 2021, the first surplus . . .

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