ADVERTISEMENT

ECONOMY

Türkiye’s external assets exceeds $445B in August

ISTANBUL

Türkiye’s external assets reached $445.2 billion as of the end of August, indicating a 6.1% increase compared to the previous month, official data shows.

The country’s liabilities against non-residents decreased by 1.1% to $809.7 billion over the same period.

Türkiye’s net international investment position – assets minus liabilities – posted minus $364.5 billion in August.

The Central Bank’s reserve assets increased by $22.2 billion to $186.7 billion.

Direct investment assets increased by 0.7% to $82.4 billion, while financial derivatives jumped 51.9% to $3.8 billion.

Other investment assets went up by 1% to $163.3 billion.

Foreign exchange deposits of resident banks decreased by 2%, reaching $43.8 billion.

On the liabilities side, direct investments dropped 2.9% month-on-month to $225.9 billion.

Portfolio investment liabilities increased by 2.8% to $164.7 billion.

  • We use cookies on our website to give you a better experience, improve performance, and for analytics. For more information, please see our Cookie Policy By clicking “Accept” you agree to our use of cookies.

    Read More