CAD to reach USD 2.4bn in April

The country’s current account balance is projected to post a deficit of USD 2.43bn, an Anadolu Agency survey found on Friday.

The Turkish Central Bank will release the balance of payments figures on Monday.

Estimates of a group of 14 economists for April ranged between USD 1.95bn and USD 3.8bn.

The end-2021 current account balance is expected to show a deficit of USD 27bn, with estimates ranging between USD 23bn and USD 35.2bn.

In March, the current account balance posted a USD 3.3bn deficit, bringing 12-month rolling deficit to USD 36.2bn.

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