The reading beat the median estimate of $3.2 billion, which was forecast in a poll carried out by Anadolu Agency's Finance Desk prior to the new data.
"The current account deficit recorded $2.95 billion, indicating a decrease of $900 million compared to April of the previous year, bringing the 12-month rolling deficit to $28.580 million," said the bank's report.
The bank said the improvement was mainly driven by decreases in the foreign trade deficit, which stood at $2.93 billion, down $643 million from a year earlier, and a fall in the primary income deficit at $1.19 billion, down $343 million.
The fall in Turkey's current account deficit is a somewhat established trend, as last year it fell $13.6 billion, or 30 percent year-on-year, to $32.2 billion.
Please click to read our informative text prepared pursuant to the Law on the Protection of Personal Data No. 6698 and to get information about the cookies used on our website in accordance with the relevant legislation.
6698 sayılı Kişisel Verilerin Korunması Kanunu uyarınca hazırlanmış aydınlatma metnimizi okumak ve sitemizde ilgili mevzuata uygun olarak kullanılan çerezlerle ilgili bilgi almak için lütfen tıklayınız.