Turkey's current account gap shrinks in January

By Tuba Sahin

ANKARA (AA) – Turkey’s current account deficit narrowed by 8% year-on-year in January, the Turkish Central Bank said on Thursday.

The deficit was $1.87 billion in the month, down from $2.03 billion in January 2020, according to the bank’s balance of payments report.

Turkey’s 12-month rolling deficit stood at nearly $36.6 billion in January, the bank said.