Brazil s Campos Neto says policy credibility, anchoring inflation expectations is crucial
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Brazil progressing on digital currency but there are many challenges -central bank chief
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UPDATE 1-Brazil posts May trade surplus of $9.3 bln as exports hit historic high Reuters 1 hr ago
By Jamie McGeever
BRASILIA, June 1 (Reuters) - Brazil posted a trade surplus of $9.3 billion in May, Economy Ministry figures showed on Tuesday, as record exports for that month helped fuel the second largest overall surplus ever.
The $9.3 billion surplus was almost exactly in line with the consensus forecast in a Reuters poll for a $9.2 billion surplus, and up almost 30% from the $6.8 billion surplus in May last year.
It is the second highest on record following April s $10.3 billion surplus, Refinitiv figures show, meaning the April-June surplus will almost certainly be the highest quarterly surplus on record.