Türkiye sees current account deficit of $9.6B in March

Türkiye's current account balance posted a deficit of $9.6 billion in March, the Central Bank of the Republic of Türkiye (CBRT) stated on Wednesday.

Current account excluding gold and energy indicated net deficit of $3.9 billion while goods recorded a deficit of $9.5 billion.

Services item posted a surplus of $2.6 billion in March.

The bank said that according to annualized data, current account deficit recorded as $39.7 billion in March, while the goods deficit recorded as $77.8 billion.

In the same period, services recorded a net surplus of $63 billion, while the primary and secondary income realized a net deficit of $23.8 billion and $1.1 billion respectively.