Turkey's current accounts deficit down to 16.1 bln USD
Ankara - AA
The Central Bank of Turkey made public on Friday balance of payments figures for the first quarter of 2012. The bank said the current accounts deficit was down 5.4 billion US dollars to 16.1 billion USD year-on-year in January-March 2012. The drop in the current deficit was mainly triggered by decreasing foreign trade deficit. Under services account, the travel revenues fell to 2.8 billion USD and the travel expenditures dropped to 759 million USD in the mentioned period.
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