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Turkey current The account deficit widened to $5.15 billion in February

by John Pierce
July 3, 2023
in Business
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Turkey current The account balance recorded a deficit of 5.15 billion dollars in February, the expansion of 2.71 billion dollars year-over-yearaccording to official Data released on Monday.

central bank of Republic of Turkey (CBRT) said the country’s 12-month running deficit amounted to $21.84 billion in February.

the goods trade The deficit increased by $3.9 billion annually to reach $6 billion.

Services items show net surplus of $1.61 billion, an increase of $874 million year-over-year.

Gold – and energy excluded current the account posted With a surplus of $2.17 billion in February, up from surplus of $624 million in the same month of last year.

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