Turkey's current account posts $1.23B deficit in Feb

Gokhan Ergocun

ISTANBUL (AA) - Turkey’s current account balance posted a deficit of nearly $1.23 billion in February, according to official figures released on Monday.

The deficit was $117 million in the same period last year, said the Central Bank.

The bank's balance of payments figures showed the country's 12-month rolling surplus amounted to $6.13 billion.

An Anadolu Agency survey on Monday showed that economists had estimated current account balance to see a deficit of $1.3 billion in February.