Türkiye's current account posted a smaller-than-expected deficit of $4.19 billion (TL 200.18 billion) in June, remaining below market expectations of around $5 billion, according to official data released by the Turkish central bank on Thursday.
Commenting on the data, Treasury and Finance Minister Mehmet Şimşek said that the deficit is expected to remain "at sustainable levels," despite pressures related to energy and commodity prices.
The current account excluding gold and energy recorded a surplus of $1.46 billion during the month, the data from the Central Bank of the Republic of Türkiye (CBRT) showed.
The goods balance posted a deficit of $8.53 billion, while the services balance registered a net surplus of $6.85 billion.
Net revenues from travel services totaled $4.86 billion, while transportation services generated a surplus of $2.6 billion.
