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IIF Chief Economist Concerned Over Widening Current Account Deficit

TURKEY

IIF Chief Economist Robin Brooks via Twitter:

  • "The news on Turkey's current account isn't good.
  • Our measure of the "core" goods balance (blue), which excludes gold & energy, is back to deficit levels that prevailed before the sudden stop in August 2018.
  • This is adding to depreciation pressure on the Lira."


MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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