The current account showed a deficit of 3.8 billion dollars in January. Excluding gold and energy, the current account had a surplus of 2.4 billion dollars.

The Central Bank of the Republic of Turkey (CBRT) released the payment balance statistics for January. The current account had a deficit of 3.8 billion dollars in January, whereas expectations were for a deficit of 3.25 billion dollars.

Excluding gold and energy, the current account had a surplus of 2.403 billion US dollars, while the defined external trade deficit in the payment balance reached 5.558 billion US dollars.

According to annualized data, the current deficit in January was approximately 11.5 billion dollars, and the defined external trade balance had a deficit of 57.6 billion dollars.

During the same period, the services balance and secondary income balance had surpluses of 61.9 billion dollars and 101 million US dollars, respectively, while the primary income balance had a deficit of 16 billion dollars.