Turkey today posted better than expected current account deficit after naming the deficit as the second most important economic challenge after inflation in its Medium Term Plan. According to the posted official figures the deficit in August was $2.77 billion which is well below the market consensus of $3.2 billion. The country’s deficit for the January-August period also dropped by $16.2 billion to $29.5 billion. Leading economists covering Turkey expect the total deficit to hit $45 billion at...