Brazil’s current account deficit nearly tripled in January, reaching USD 8.7 bln. This deficit may soon exceed foreign direct investment coverage, signaling a less favorable situation for Brazil’s external accounts. Central bank data showed the services account deficit widened by USD 1 bln to USD 4.6 bln, while the deficit in the factor payments account narrowed by USD 1.1 bln to USD 5.6 bln.