Türkiye sees current account deficit of $619M in August

By Gokhan Ergocun

ISTANBUL (AA) - Türkiye's current account balance posted a deficit of $619 million in August, the country's Central Bank said on Wednesday.

The gold- and energy-excluded current account balance saw a surplus of $6.15 billion, it stated, added that the gold deficit was at $7.1 billion.

Services saw a net surplus of $7.3 billion in August, while travel, under services, posted a net inflow of $5.75 billion.

Primary income saw a net outflow of $922 million, whereas secondary income recorded a net inflow of $141 million.

Direct investment recorded a net inflow of $106 million.

The bank added that official reserves grew $5.1 billion year-on-year in August.