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Wednesday, May 11, 2011

Turkey Current-Account Deficit Record $9.8 Billion in March - Businessweek

"Turkey Current-Account Deficit Record $9.8 Billion in March
May 11, 2011, 5:58 AM EDT

By Steve Bryant and Ali Berat Meric

(Updates with comment on profit repatriation in sixth paragraph.)

May 11 (Bloomberg) -- Turkey’s current-account deficit expanded in March to a record $9.8 billion as the growing economy draws in imported goods and oil prices rise."

More:Turkey Current-Account Deficit Record $9.8 Billion in March - Businessweek