Turkey Current-Account Deficit Narrowed on Month in June
By Nihad Ahmed
Turkey’s current-account deficit narrowed significantly on month in June, data released by the Turkish central bank on Thursday showed.
The current-account deficit came in at $3.46 billion in June, bringing the 12-month rolling deficit to $32.67 billion, according to the data.
This compares with a $1.19 billion current-account deficit for the same month of 2021 and a revised $6.57 billion deficit for May, the data showed. May’s deficit was previously reported as $6.47 billion.
Write to Nihad Ahmed at [email protected]
:quality(70):focal(1028x925:1038x935)/cloudfront-us-east-1.images.arcpublishing.com/tronc/VKX5GU6XWRAOBLE2MKKJRUEYPA.jpg "Daniel DePetris: Turkey has put the US in a tough spot by threatening another Syria incursion")
