Brazil's foreign accounts showed a deficit of US$5.7 billion in September, the largest negative balance in that month in 8 years.
The Central Bank (BC) released the latest transaction data on Monday (Oct. 24).
The deficit increased by 195% compared to the same month last year, when the balance was US$1.9 billion.
Current transactions in the foreign sector comprise the trade balance, services purchased by Brazilians abroad, and receipts, such as interest remittances, profits, and dividends from Brazil to other countries.
The trade balance showed a surplus of US$2.4 billion, but US$195 . . .
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