Current account deficit reached 2.72 billion dollars in November

According to the statement made by the Central Bank of the Republic of Turkey (CBRT), there was an outflow of 1.94 billion dollars in the net errors and omissions item in November. In the January-November period, this item was recorded as negative by 10.05 billion dollars.

In the statement, it was stated that the current account, excluding gold and energy, had a surplus of 2,153 million dollars. It was stated that the balance of payments defined foreign trade deficit was 4,412 million dollars.

It was emphasized that net inflows from the services balance were at the level of 3,002 million dollars. Under this item, it was shared that the net revenues from the travel item were 2,347 million dollars.

It was stated that the primary income balance item recorded a net outflow of 1,325 million dollars, and the secondary income balance item recorded a net inflow of 13 million dollars.

It was stated that there was a net inflow of 5,367 million dollars in portfolio investments. In the statement, which stated that net inflows from direct investments were recorded as 921 million dollars, details of portfolio investments were also included.

In the statement, where details of loans provided from abroad, effective and deposit assets, bond issues and other investments were shared, it was stated that the net increase in official reserves was 6,706 million dollars.