Turkey’s current account balance posted a USD 5.56bn deficit in March, growing USD 2.23bn from a year ago, according to the Central Bank.
The bank said the country’s 12-month rolling deficit reached USD 24.22bn in March.
Goods trade deficit increased USD 3.36bn year-on-year to reach USD 6.34bn.
Services item indicated a net surplus of USD 2.33bn, up USD 1.47m from the month of last year.
The gold- and energy-excluded current account saw a USD 2.48bn surplus in the month, improving from a deficit of USD 314m in March 2021.