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Current Accounts Positive in Brazil, Best April in 10 Years

By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – The balance of payments in Brazil closed positive in April, with current accounts totaling US$1.153 billion, the best result for the month since 2007. For the country’s Central Bank (CB) not even the latest political turmoil will derail the country’s economic recovery.

"With the event last week, we have increased uncertainties, but the message is that the Central Bank acts to maintain the smooth functioning of the market," said Central Bank’s Economic Department Deputy Chief, Fernando Rocha.

According to data released on Tuesday by the . . .

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