current account deficit
- Turkiye
Turkiye’s $311 Billion Under-the-Pillow Gold Poses Challenge and Opportunity for Financial System
Türkiye’s widening current account balance between January and April, which deepened to $20.3 billion from $14.5 billion a year earlier,…
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Turkiye’s Current Account Deficit Narrows Slightly to $4.08 Billion
Goods saw deficit of $4.84B in March, services posted surplus of $2.67B, according to Turkish Central Bank Türkiye’s current account…
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Türkiye’s Current Account Deficit Shrinks to $9.97 Billion Amid Rising Investments
Türkiye posted a current account deficit of $9.97 billion last year, down from a deficit of $39.9 billion in 2023,…
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EBRD Directs €2.2 Billion to Turkiye in 2024, Focusing on Green and Inclusive Investments
Odile Renaud-Basso, the president of the European Bank for Reconstruction and Development (EBRD), has announced that the bank’s investments in…
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Turkiye Maintains 2024 Tourism Targets Amid Growth and Inflation Adjustments
The government is keeping its targets for the number of visitors and tourism revenues unchanged for 2024, Vice President Cevdet…
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Inflation in Turkiye expected falling to around 24% next year: IMF
Further drop in inflation would boost confidence, says financial agency Inflation in Türkiye is expected to fall to around 24%…
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Türkiye’s foreign trade deficit plunges 42 percent in July
Türkiye’s foreign trade deficit declined by 41.8 percent year-on-year in July to $7.3 billion as exports rose and imports dwindled,…
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Turkiye’s Record Export Growth Boosts Financial Stability and Reduces Trade Deficit
Increases in exports of goods and services contribute to reserve accumulation, financial stability and the disinflation process by reducing the…
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