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Fundamental Analysis Posted 1 hour ago

Turkey's 12-month current account deficit widens despite July balance

News
Turkey's current account showed a near-zero balance in July, missing surplus forecasts, while the rolling 12-month deficit continued widening—a structural concern for the lira. Capital inflows strengthened official reserves, offering temporary support. TRY weakness persists as the deficit trend suggests sustained FX pressure amid inflation concerns.
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