Monday, 23 July 2007

UPDATE 2-Brazil June current account surplus up, FDI surges

(Reuters) - The surplus in the current account balance of payments --
the widest measure of a country's trade in goods and services
-- rose to $696 million from $117 million in May and compared
with $632 million in June last year.




Overseas interest payments fell to $560 million in June
from $1.2 billion in the same month a year ago as local
interest rates fell and perceptions of Brazil's risk improved.
That helped offset a narrowing in the country's trade surplus,
central bank data showed.


Read more at Reuters.com Bonds News

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