FX.co ★ Turkey’s Treasury Swings From Deep Deficit to Surplus in August

Turkey’s Treasury cash balance recorded a sharp turnaround in August 2026, moving from a deep deficit to a notable surplus, according to data updated on 7 September 2026.

In July 2026, the Treasury cash balance had stood at -395.700 billion, signaling substantial net cash outflows for the month. By August 2026, the indicator reversed course, rising to 49.816 billion. This shift from a large negative balance to a positive position within a single month highlights a significant change in the government’s short-term cash position.

While the underlying drivers of the improvement are not detailed in the available data, the move into surplus territory in August may draw attention from investors and analysts monitoring Turkey’s fiscal dynamics and the government’s capacity to manage liquidity pressures over the near term.