Turkey to see $2.4B current account deficit in April: Survey

Current account gap projections for April ranged between $1.95B and $3.8B in survey conducted by Anadolu Agency

By Murat Aslan

ISTANBUL (AA) - Turkey’s current account balance is projected to post a deficit of $2.43 billion in April, an Anadolu Agency survey found on Friday.

The Turkish Central Bank will release the balance of payments figures on Monday.

Estimates of a group of 14 economists for April ranged between $1.95 billion and $3.8 billion.

The end-2021 current account balance is expected to show a deficit of $27 billion, with estimates ranging between $23 billion and $35.2 billion.

In March, the current account balance posted a $3.3 billion deficit, bringing 12-month rolling deficit to $36.2 billion.

* Writing by Tuba Sahin in Ankara

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