Turkey: Economists expect $3.6B current account deficit

Anadolu Agency’s estimates for March vary between $680M and $4.7B

Turkey’s current account balance is projected to post a deficit of $3.6 billion in March, an Anadolu Agency survey found on Monday.

Turkey’s central bank is set to announce the balance of payments figures for March on Wednesday.

The estimates of a group of 13 economists range between $680 million and $4.7 billion.

The end-2020 current account balance is forecast to register a deficit of $8.2 billion.

Turkey’s current account balance in February saw a deficit of nearly $1.23 billion, up from $117 million in the same period last year.

The country’s 12 month rolling surplus amounted to $6.13 billion in the month.

Anadolu Agency

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