Turkey's current account gap falls in January
Central bank says current account posts $813M deficit in January, improving from $7B deficit in same month last year
By Muhammed Ali Gurtas
ANKARA (AA) - Turkey's current account deficit fell 88.4 percent in the first month of this year, the country's central bank announced on Monday.
In January, the current account posted an $813-million deficit, improving from a $7-billion deficit in the same month last year.
An Anadolu Agency survey on Friday showed that economists had forecast a deficit of $800 million.
Estimations of a group of 16 economists ranged from $600 million to $1.2 billion for the first month of 2019.
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