Turkish Current Account Gap Widens More Than Expected on Imports
By Onur Ant November 13, 2013
Turkey’s current-account deficit widened more than expected in September as imports rose, the Ankara-based central bank said today.
The current-account gap of $3.3 billion exceeded the $2.6 billion median estimate in a Bloomberg survey of 10 economists. Imports climbed to $20 billion from $19.3 billion a year ago, while exports were little changed at $14 billion.
More:Turkish Current Account Gap Widens More Than Expected on Imports - Businessweek