Turkey's current account deficit in June $4.4B: Survey

Turkey's current account deficit in June $4.4B: Survey

Economists surveyed by Anadolu Agency forecast 2017 current account deficit to hit $38.5 billion

By Gokhan Ergocun

ANKARA (AA) - Turkey's current account deficit for June is expected to stand at $4.41 billion, according to a group of economists polled by Anadolu Agency on Wednesday.

The 11 experts' estimates for the month ranged from $3.25 billion to $7 billion.

The economists also forecast that Turkey's year-end current account deficit will reach $38.49 billion -- with the highest forecast at $40 billion and the lowest at $35.3 billion.

The current account deficit was $5.24 billion in May, while the 12-month figure stood at $35.34 billion.

Turkey's Central Bank is due to release official figures for June on Friday.


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