The net international investment position (NIIP), defined as the difference between external assets and liabilities, posted a USD 224bn deficit in February, according to the Central Bank. The figure was USD 229.7bn at the end of 2021. Turkey’s external assets were worth USD 288.1bn in February, down 1.6% from the end of last year. Liabilities...
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April 18, 2022April 18, 2022by CommentaryIn Daily News
Net international investment position posts USD 224bn deficit in February
February 18, 2022February 21, 2022by CommentaryIn Daily News
External assets total USD 298.1bn at the end of 2021
Turkey ended 2021 with external assets worth USD 298.1bn, down 16.6% from the end of 2020, according to the Central Bank. Liabilities against non-residents fell 17.5% to USD 528.3bn during the same period. The net international investment position (NIIP) – the difference between external assets and liabilities – was minus USD 230.2bn at the end...