Türkiye's current account balance posts $186M surplus in October

Türkiye's current account balance posts $186M surplus in October

Gold, energy excluded current account balance also sees $5.1B net surplus, says Turkish Central Bank

By Gokhan Ergocun

ISTANBUL (AA) – Türkiye's current account balance posted a surplus of $186 million in October, the country's Central Bank revealed on Monday.

Gold and energy excluded current account balance also saw a net surplus of $5.1 billion in the month, the bank said.

Good deficit in October was at $4.9 billion, while services recorded a net surplus of $6.04 billion – travel item under services indicated a net inflow of $4.75 billion.

"Primary income recorded a net outflow of $1,001 million, whereas secondary income indicated a net inflow of $18 million," the bank added.

Direct investments in October totaled $638 million.

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