Turkey’s current account balance posted a surplus of nearly $1.55 billion in October, according to official figures released on Wednesday.
The figure marked $1 billion drop from the same month last year.
The Turkish Central Bank’s balance of payments figures showed the country’s 12-month rolling surplus amounted to $4.33 billion.
An Anadolu Agency survey on Monday showed that economists had estimated current account balance to saw a surplus of $1.6 billion in October.
The forecast of a group of 13 economists hovered between $1.3 billion and $1.9 billion.