Deniz Kılınç / Istanbul, June 20 (HNA) – Defined as the difference between Turkey’s external assets and liabilities, the net international investment position posted -236.8 billion dollars in April, compared to the -251 billion dollars at the end of 2021.
Central Bank data revealed that external assets and liabilities against non-residents decreased by 1 percent and 3.2 percent to 287.6 billion and 524.4 billion dollars, respectively, during the same period.
Regarding sub-items under assets, reserve assets decreased by 3.9 percent to 10.69 billion dollars, while other investment increased by 2.1 percent t 124.3 billion dollars in April compared to the end of 2021. Currency and deposits of banks, one of the sub-items of other investment, increased by 0.3 percent to 51.7 billion dollars.
Regarding sub-items under liabilities, direct investment (equity capital and other capital) decreased by 12.4 percent to 122 billion dollars due to the changes in the market value and foreign exchange rates.
During this period, portfolio investment decreased by 4.8 percent to 91.4 billion dollars. Meanwhile, non-residents’ equity holdings increased by 6.2 percent to 19.6 billion dollars, non-resident’s GDS (Government Debt Securities) and Eurobond holdings decreased by 30.5 percent and 5.4 percent to 2.4 billion dollars and 42.9 billion dollars, respectively.
During the same period, other investment increased by 1.6 percent to 310.9 billion dollars. FX deposits of non-residents held within the resident banks increased by 1.8 percent to 35.5 billion dollars and TL deposits rose by 24.5 percent to 12.1 billion dollars.
Total external loan stock of banks and total external loan stock of other sectors decreased by 4.7 percent and 1.9 percent to 63.5 billion dollars and 94.9 billion dollars, respectively.