Reuters: US Dollar Report: Brazil posts Feb current account deficit at $1.766 bln

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Brazil posts Feb current account deficit at $1.766 bln Mar 23rd 2012, 13:38 BRASILIA, March 23 | Fri Mar 23, 2012 9:38am EDT BRASILIA, March 23 (Reuters) - Brazil posted a current account deficit of $1.766 billion in February, much narrower than the gap it registered in January, central bank data showed on Friday. The country had been expected to post a deficit of $2.5 billion, according to the median forecast of 14 analysts in a Reuters survey. The forecasts for the deficit ranged from $500 million to $3.3 billion. Brazil's current account deficit in January was $7.08 billion, the central bank said last month.

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