Türkiye posts 4-bln-USD current account deficit in July

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Türkiye posts 4-bln-USD current account deficit in July

STORY: Türkiye posts 4-bln-USD current account deficit in July DATELINE: Sept. 13, 2022 LENGTH: 00:01:25 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. shot of Turkish flag 2. various of ports 3. various of Turkish central bank 4. various of Turkish lira and U.S. dollar 5. various of sea containers 6. various of cash counting 7. various of shipping trade in Türkiye STORYLINE: Türkiye's current account balance recorded a deficit of 4 billion U.S. dollars in July, up from 3.7 billion dollars in the same month last year, the data released by the central bank on Monday showed. Since November 2021, the Turkish current account balance has been in red ink on a monthly basis, while the 12-month rolling deficit increased to 36.58 billion dollars in July, according to the data. If gold and energy are excluded, however, the current account balance recorded a surplus of 3.74 billion dollars in July, up from 3.12 billion dollars of the same month last year. Meanwhile, the foreign trade deficit, a major component of

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