Türkiye's external assets at $320.2B in February
- Economy
- Anadolu Agency
- Published Date: 01:50 | 25 April 2024
- Modified Date: 01:52 | 25 April 2024
Türkiye's external assets totaled $320.2 billion in February, down 2.4% from the end of 2023, the Central Bank figures showed on Thursday.
The country's liabilities against non-residents amounted to $634.4 billion with an increase of 3.2% over the same period.
The net international investment position — assets minus liabilities — posted minus $314.2 billion in February, versus minus $286.7 billion as of Dec. 31, the bank noted.
Reserve assets recorded $128.5 billion indicating a decrease of 8.8%, while other investment recorded $126.2 billion indicating an increase of 3.3% compared to the end of 2023.
Currency and deposits of banks recorded $50.4 billion indicating an increase of 8.1% versus to the end of 2023.
Direct investment — under liabilities — recorded $176.3 billion indicating 11.3% increase in comparison to the end of the previous year, "with the contribution of the changes in the market value and foreign exchange rates."
Portfolio investment increased by 6.9% and recorded $102.5 billion compared to the end of 2023.
Total external loan stock of the banks was at $63.6 billion increasing by 0.6% compared to the end of 2023, and total external loan stock of the other sectors recorded $99.2 billion, decreasing by 1.9%.