Türkiye posted a current account surplus of $4 billion in August, while the 12-month rolling deficit stood at $42.1 billion, according to central bank data.
The Central Bank of the Republic of Türkiye announced that the current account excluding gold and energy indicated a net surplus of $8.2 billion during the month.
The country’s goods deficit realized at $3.75 billion in August, the bank stated.
Net inflows from services recorded $9.7 billion in the same period.
Under the services item, travel revenues reached $7.28 billion and transportation revenues hit $3.26 billion.
Direct investment saw a net inflow of $141 million, as non-residents recorded a net inflow of $719 million.
Portfolio investments registered a net outflow of $1 billion in August.
The official reserves of the country increased by $7.14 billion during the same period.