Current account gap nearly $7.1 billion in January

Dünya Executive - - OVERVIEW -

Turkey’s current account deficit has widened by $4.4 billion, year-on-year, to reach nearly $7.1 billion in January, Turkish Central Bank said last week. According to the bank’s report on balance of payments, the country’s 12-month rolling deficit stood at nearly $51.6 billion in January. “This developmen­t in the current account is mainly attributab­le to $4.54 billion increase in the goods deficit recording net outflow of $7.63 billion, as well as $82 million increase in primary income deficit to $479 million,” the bank said.

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