Haberler      English      العربية      Pусский         Kurdî      Türkçe Delivering News and Insights Around the World Keltis
  En.Haberler.Com - Latest News
SEARCH IN NEWS:
  HOME PAGE 06/03/2021 05:52 
18.01.2021 11:27 News >> Turkey: External Assets At $228.6B In November

Turkey: External Assets At $228.6B In November

Country's net international investment position reaches minus $385.9B in November.

Turkey's external assets amounted to $228.6 billion at November end, down 9.7% from 2019, the Turkish Central Bank announced Monday.
The country's liabilities against non-residents during the same period rose 2.6% to $614.5 billion.
The net international investment position (NIIP) – the difference between external assets and liabilities – was minus $385.9 billion, versus minus $345.8 billion over the same period in 2019.
As a snapshot in time, the NIIP, which can be either positive or negative, is the value of overseas assets owned by a nation, minus the value of domestic assets owned by foreigners, including overseas assets and liabilities held by a nation's government, the private sector, and its citizens.
Reserve assets, a sub-item under assets, were $82.7 billion at the end of November, down 21.8% from the end of last year.
Other investments, another sub-item under assets, totaled $90.7 billion, also indicating a fall of 4.6% in the same period.
"Currency and deposits of banks, one of the sub-items of other investment, recorded $44.2 billion indicating a decrease of 6.9% compared to the end of 2019," the Central Bank said.
On the liabilities side, direct investments – equity capital plus other capital – as of the end of November were $197.1 billion, up 20.5%, including the effects of changes in market value and foreign exchange rates.
Non-residents' foreign exchange deposits were $32.6billion, down 5.4% in November versus the end of 2019.
The Central Bank added that Turkish lira deposits rose 8.8% to $14.8 billion.
It said banks' total external loan stock amounted to $63 billion – down 7.4% – and total external loan stock of the other sectors was $95.2 billion, down 3.2% over the same period. -



        Latest News
Anadolu Agency's Morning Briefing - March 6, 2021 28 minutes ago...
Daily briefing on novel coronavirus pandemic worldwide, Turkey, other developments.
EU: 'Real Opportunity' To Seize Settlement In Cyprus 43 minutes ago...
‘Upcoming UN informal 5+1 talks provide opportunity towards urgently needed resumption of talks,’ EU foreign policy says.
Red Cross Urges 'Protection' Of Aid Workers In Myanmar 13 minutes ago...
Volunteers injured, wrongfully arrested in recent days, says humanitarian group.
Russia Extends Crimean Tatar Leader's Ban To 2034 28 minutes ago...
‘Decision has no practical meaning, because in 2034, both me, occupation will cease to exist,’ says Kirimoglu.
Turkish Clubs Concerned, Angry About Referee Decisions 43 minutes ago...
First division teams release statements after series of controversial decisions.

 
      Top News
Slow Economic Recovery Ahead For Latin America Slow Economic Recovery Ahead For Latin America
James, Durant Select Their 2021 NBA All-Star Teams James, Durant Select Their 2021 NBA All-Star Teams
Turkish President Offers Condolences For 11 Martyred Soldiers Turkish President Offers Condolences For 11 Martyred Soldiers
Turkey To Open Samarkand Consulate In Uzbekistan Turkey To Open Samarkand Consulate In Uzbekistan
Turkish Teams Brave Snowy Roads To Vaccinate Elderly Turkish Teams Brave Snowy Roads To Vaccinate Elderly
Germany Greenlights Astrazeneca Jabs For Over-65S Germany Greenlights Astrazeneca Jabs For Over-65S
'Stop Murdering, Jailing Protesters,' UN Tells Myanmar 'Stop Murdering, Jailing Protesters,' UN Tells Myanmar
Turkish Charity Distributes Aid For Children In Syria Turkish Charity Distributes Aid For Children In Syria
Turkey To Have Liberal Constitution: President Turkey To Have Liberal Constitution: President
'Over $50B Material Damage Inflicted On Azerbaijan By Armenia' 'Over $50B Material Damage Inflicted On Azerbaijan By Armenia'