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Strategies & Market Trends : Telebras (TBH) & Brazil -- Ignore unavailable to you. Want to Upgrade?

To: wl9839 who wrote (15331)	5/17/1999 1:27:00 PM
From: wl9839	Read Replies (1) \| Respond to of 22640

Balance of payments surplus reaches US$10.4bn in April Brasília, 17 - Brazil's balance of payments posted a surplus of US$10.450bn in April, the Central Bank Economic Department (Depec) informed. The figure is significantly better than that registered in March, when the country registered a deficit of US$1.698bn. In April last year, Brazil posted a surplus of US$5.993bn. In the period from January through April, the Brazilian balance of payments stood at a negative US$45m. In March, the accumulated deficit amounted to US$10.495bn. In the corresponding period last year, the country reported a surplus of US$22.444bn. (By Gustavo Freire) Copyright © 1996 Agência Estado. All Rights Reserved.