OIC Economies

Turkey posts current account surplus on tourism, trade


Published 11 Nov,2021 via Bloomberg Markets–Turkey posted a current-account surplus for a second month in September, thanks to a jump in exports and tourism income.

The surplus was $1.65 billion, compared with a revised surplus of $814 million in August and a deficit of $2.34 billion a year earlier, the central bank said on its website on Thursday.

The median estimate in a Bloomberg survey was for a surplus of $1.25 billion. The 12-month rolling shortfall narrowed to $18.4 billion.

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