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Survey expects Türkiye to post current account surplus in July

Current account balance expected to see surplus of $750M in July

Survey expects Türkiye to post current account surplus in July
2024-09-10 17:34:37

ISTANBUL

Türkiye is likely to post a current account surplus of $749 million in July, an Anadolu survey projected on Tuesday.

Estimates from a group of 12 economists ranged between $213 million and $1.2 billion in surpluses.

The current account balance saw a surplus of $407 million in June.

The Turkish Central Bank will release its official balance of payments data on Thursday.

The current account balance is expected to post a deficit of $20.4 billion at the end of 2024, with economists' estimates ranging between $16 billion and $27 billion.

*Writing by Gokhan Ergocun