"Turkish Current Account Gap Biggest in Two Decades
February 11, 2011, 4:26 AM EST
By Steve Bryant
(Updates with economist comment in fourth paragraph.)
Feb. 11 (Bloomberg) -- Turkey’s current-account deficit widened in December from a year earlier, posting a record shortfall for the second month in a row, the central bank said.
The deficit rose to $7.5 billion from $3.2 billion in the same month of 2009, the central bank in Ankara said on its website today. It was the widest gap since 1984 when the bank’s data series began and exceeded the median estimate of $7 billion in a Bloomberg survey of nine economists."
More:Turkish Current Account Gap Biggest in Two Decades - Businessweek
