Turkey's c/a deficit exceeds expectations at $4.96 billion in March

Istanbul, May 12 () - Turkey's current account deficit rose by 1.58 billion dollars to 4.96 billion dollars in March, exceeding the expectations at 4.3-4.4 billion dollars, according to the balance of payments data released by the Central Bank on Tuesday.

The 12-month rolling deficit increased to 45.5 billion dollars at the end of March, up from 43.92 billion dollars at the same period of last year.