Turkey's current account deficit falls 90.6 pct to $1.155 bln in Q1

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Turkeys current account deficit falls 90.6 pct to $1.155 bln in Q1
Oluşturulma Tarihi: Mayıs 11, 2009 17:14

ISTANBUL - Turkey’s first quarter current account deficit came in at $1.155 billion, representing a 90.6 percent decline compared to the same period last year, according to figures released on Monday.

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The current account deficit recorded $12.303 billion for the first quarter of 2008.  Â

 

The latest figures reveal Turkey’s March current account fell to $992 million, which represents a 76.8 percent decline on the previous year figure of $4.279 billion.

 

While the current account deficit was $172 million for January, it fell by $9 million in Febuary.

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