Brazil’s current account deficit widens to US$8.11 billion in July
Brazil's current account deficit widened to US$8.11 billion in July, more than forecast. The central bank also sold US$1 billion spot on 27 August, paired with a reverse swap. The post Brazil’s current account deficit widens to US$8.11 billion in July appeared first on The Rio Times .
Brazil recorded a widening current account deficit of US$8.11 billion in July 2026, the largest shortfall since 2019. The central bank intervened in a thinning dollar market to address the situation. The July deficit surpassed forecasts, with economists expecting a gap of US$6.6 billion. The country's current account deficit for the first seven months of 2026 reached US$35.97 billion, indicating a need for foreign funding to balance its accounts.
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