Türkiye’s external assets at $404 billion: Data
Türkiye’s external assets recorded $403.7 billion as of the end of May, indicating a decrease of 0.5 percent compared to the previous month, data from the Central Bank showed on July 20.
The liabilities against non-residents decreased 2.4 percent to $795.4 billion.
Türkiye’s net International Investment Position (IIP) posted minus $391.7 billion as of May. The difference between total financial assets and total financial liabilities is the net IIP.
Under the assets, direct investment increased by 0.9 percent to $80.1 billion and other investment items increased by 2.3 percent to $154.2 billion. FX deposits of resident banks increased by 4.6 percent, reaching $49.4 billion.
