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Friday, August 10, 2012

EconoMonitor : The Kapali Carsi » Is Turkey’s Current Account Adjustment Coming to a Halt?

Is Turkey’s Current Account Adjustment Coming to a Halt?

Author: Emre Deliveli · August 9th, 2012

Not if you’d look at the latest trade statistics. After all, at $ 7.2bn June trade deficit came in much lower than expectations of $ 7.9bn. But as they say, the devil is in the details, and the details paint a rather ugly picture.

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