Current account deficit is 2 billion 269 million compared to the same month of the previous year. dollar increased to 3 billion 458 million dollars.
In the statement made by the CBRT, it was stated:
“The current account deficit increased by USD 2.269 million compared to the same month of the previous year and reached USD 3,458 million. As a result, the twelve-month current account deficit became USD 32,667 million.
In this development, compared to the same month of the previous year, although the inflows from the balance of services increased by USD 2,508 million to USD 4,024 million and the outflows from the primary income balance decreased by USD 105 million and decreased to USD 946 million, the foreign trade deficit defined in the balance of payments was 4.794 million. The increase in the US dollar to 6,426 million US dollars was effective.
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Gold Current account, excluding energy and energy, posted a surplus of US dollars 1.931 million in the same month of the previous year, and a surplus of US dollars 4.294 million this month.
In the services balance, net revenues arising from the travel item increased by US dollars 1,702 million compared to the same month of the previous year and amounted to US dollars 2,728 million.
The secondary income balance item, which posted a net outflow of US dollars 22 million in the same month of the previous year, recorded a net outflow of US dollars 110 million this month.
FINANCE ACCOUNT
Net inflows arising from direct investments amounted to USD 950 million.
Portfolio investments recorded a net outflow of USD 1,578 million. When analyzed by sub-items, non-residents share It is seen that net sales of US dollars 509 million and US dollars 218 million in the securities and government debt securities markets, respectively.
Regarding bond issuances abroad, banks realized a net borrowing of USD 16 million.
Under other investments, the effective and deposit assets of domestic banks at their foreign correspondents increased by USD 416 million.
Domestic deposits of foreign banks recorded a net increase of USD 643 million, with a net increase of USD 638 million in foreign currency and USD 5 million in Turkish lira.
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Regarding the loans obtained from abroad; banks, the General Government and other sectors realized net repayments of USD 1.039 million, USD 67 million and USD 264 million, respectively.
A net decrease of USD 1,960 million was observed in official reserves this month.”
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