Turkey's current account balance posts 5.5 billion dollars of deficit in March

Photo: Pxhere

Turkey's current account balance posted a 5.56 billion US dollars of deficit in March, growing 2.23 billion dollars from a year ago, the Central Bank has announced.

The country's 12-month rolling deficit reached 24.22 billion dollars in March.

Goods trade deficit increased 3.36 billion dollars year-on-year to reach 6.34 billion dollars.

Services indicated a net surplus of 2.33 billion dollars, up by 1.47 million dollars from the month of last year.

The gold- and energy-excluded current account saw a 2.48 million dollar surplus in the month, improving from a deficit of 314 million dollars in March 2021. (VK)