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Wednesday, April 30, 2014

Turkish Q1 tourism revenues climb 3.4 percent | Reuters

Turkish Q1 tourism revenues climb 3.4 percent

ISTANBUL, April 29 Tue Apr 29, 2014 3:08am EDT

(Reuters) - Turkey's tourism revenues rose 3.4 percent year-on-year in the first quarter to $4.81 billion, the Turkish Statistics Institute said on Tuesday.

Tourism revenues are a valuable source of foreign currency for Turkey, which has a large current account deficit. Tourism revenues in 2013 rose 11.4 percent to $32.3 billion.

More:Turkish Q1 tourism revenues climb 3.4 percent | Reuters