Turkey's international investment position deficiency increases
Azerbaijan, Baku, April 19 / Trend A.Taghiyeva /
Deficiency of the international investment position (IIP) in Turkey, reflecting the accumulated stocks of external financial assets and liabilities of the country for a certain period, increased in Feb. by 15.2 percent, compared to the same period of 2011, reaching $372.9 billion, the Turkish Central Bank said on Monday.
Reserve assets of Turkey increased by $1.3 billion in Feb compared to the same period 2011. Direct foreign investments of Turkey increased by $312 million.
Debt obligations of Turkey increase by 21.6 percent, amounting to $170.7 billion.
Deposits of the country's government in foreign currency and liras in Feb increased by 4.6 percent, compared to the same period 2011, amounting to $27.3 billion.
Portfolio investments of Turkey increased by $14.2 billion. Capital reserves of non-residents in February 2012 rose by 27.8 percent compared to the same period in 2011, reaching $50 billion.
Other international investments of Turkey not included in direct and portfolio investments for the year increased by $6.4 billion.