Brazil’s FDI Turned Negative While The Current Account Improved In December

Key Points The current account deficit narrowed to US$3.4 billion in December 2025, from US$10.2 billion a year earlier. Net foreign direct investment swung to a US$5.2 billion outflow, driven by an US$11.4 billion reinvested-earnings outflow. Over 2025, FDI still exceeded the current account gap, but monthly swings can shake currencies and funding costs. Brazil […]