Turkey: Current account posts $518M deficit in November
12-month rolling surplus totals $2.7 billion, official figures show
By Gokhan Ergocun
ISTANBUL (AA) - Turkey’s current account balance saw a deficit of $518 million in November 2019, according to official figures released on Monday.
The balance has posted a $1 billion surplus in the same month 2018.
The Turkish Central Bank's balance of payments figures showed the country's 12-month rolling surplus amounted to $2.7 billion.
An Anadolu Agency survey on Friday showed that economists had estimated current account balance to a deficit of $450 million in November.
The forecast of a group of 12 economists hovered between $250 million and $660 million.
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