Türkiye sees current account deficit of $5.4B in April

By Gokhan Ergocun

ISTANBUL (AA) - Türkiye's current account balance posted a deficit of $5.4 billion in April, the Central Bank of the Republic of Türkiye (CBRT) said on Monday.

Gold and energy excluded current account saw a net deficit of $480 million in the month, the bank added.

The country's goods deficit recorded $7 billion while services recorded a net surplus of $2.9 billion.

Under services, travel item saw a net inflow of $2.2 billion in April.

"Primary income and secondary income recorded a net outflow of USD 1,292 million and USD 11 million, respectively," it added.

Direct investment posted net inflow of $784 million in the month.