Turkey's current account balance posts surplus in Nov.

Turkey's current account balance posts surplus in Nov.

Central bank says current account records nearly $1B surplus in November, up from $4.5B deficit in same month last year

By Gokhan Ergocun

ISTANBUL (AA) - Turkey’s current account balance showed a surplus in November last year for the fourth month in a row, the country’s central bank said on Monday.

Turkey's current account surplus was $987 million in the month, versus a deficit of $4.48 billion in November 2017, according to the balance of payments report by the Turkish Central Bank.

In the previous three months, the current account balance showed surpluses with $1.9 billion in August, $1.8 billion in September and $2.75 billion in October.

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