Economy and finance bulletin: CBRT exchange rates and current account balance data
The bulletin containing current economic developments in the markets announced exchange rates, US employment data, OPEC production quantities, and August current account surplus figures.
According to information in the Forex bulletin, CBRT exchange rates were announced, US employment data was released, and it was reported that a current account surplus was recorded in August.
Central Bank Exchange Rates and US Employment Data
In the foreign exchange buying and selling rates determined by the CBRT, the Dollar traded between 49.2794 and 49.3681, while the Euro traded between 55.1128 and 55.2121. The US Weekly ADP Employment Change data was announced to the public as 24.75 thousand people.
International Markets and Oil Production
White House Advisor Hassett stated that the Federal Reserve should consider the slowdown in inflation as a justification for remaining on hold in its interest rate decisions. On the other hand, according to OPEC data, Russia's daily crude oil production decreased in September, while Saudi Arabia's production volume increased.
Current Account Deficit and Corporate Balance Sheets
Minister Mehmet Şimşek stated that a current account surplus of $4.1 billion was achieved in August, and the annualized current account deficit declined to $42.1 billion. Additionally, Citigroup and JPMorgan released their third-quarter financial balance sheets.