Brazil Posts March Current Account Gap of $3.3 Billion

(Corrects month to March in headline and text.)

Brazil posted a $3.3 billion current account deficit in March, the central bank said today in a report released in Brasilia. Analysts had expected a deficit of $4 billion, according to the median forecast in a Bloomberg survey of 19 economists.

To contact the reporter on this story: Matthew Bristow in Brasilia at mbristow5@bloomberg.net

To contact the editor responsible for this story: Harry Maurer at hmaurer@bloomberg.net

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