Turkey's current account balance posts surplus in Oct.

Turkey's current account balance posts surplus in Oct.

Central bank says current account records $2.77B surplus in October, improving from $3.83B deficit in same month last year

By Muhammed Ali Gurtas

ANKARA (AA) - Turkey's current account balance posted a surplus in October for the third month in a row, the country’s central bank announced on Monday.

In October, the country's current account surplus amounted to $2.77 billion, improving from a deficit of $3.83 billion in the same month last year, according to the Turkish Central Bank’s balance of payments report.

In August, the balance posted a surplus for the first time over the past three years with a $2.59-billion surplus, and then showed a 1.83-billion surplus in September.

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