Türkiye’s current account deficit at $5.5B in July

Gold-and-energy-excluded current balance posts surplus of $717M in July, Central Bank says

By Gokhan Ergocun

ISTANBUL (AA) - Türkiye's current account balance posted a deficit of $5.46 billion in July, the Central Bank of the Republic of Türkiye (CBRT) announced on Monday.

The gold- and energy-excluded current account saw a surplus of $717 million in the month, the CBRT data showed.

Gold deficit was $10.47 billion, it added.

Services saw a net surplus of $5.99 billion in the month and travel, under services, recorded a net inflow of $4.79 billion.

"Primary income and secondary income recorded a net outflow of USD 903 million and USD 85 million, respectively," the bank said.

In July, direct investments saw net inflow of $392 million, the bank stated.

Kaynak:

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