Turkiye’s current account deficit at $5.15B in February

By Ovunc Kutlu

ANKARA (AA) – Turkiye’s current account balance registered a $5.15 billion deficit in February, widening $2.71 billion year-on-year, according to official data released on Monday.

The Turkish Central Bank said the country’s 12-month rolling deficit stood at $21.84 billion in February.

Goods trade deficit rose $3.9 billion annually to reach $6 billion.

Services item showed a net surplus of $1.61 billion, increasing $874 million year-on-year.

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