Azerbaijan, Baku, Dec. 19 / Trend A. Taghiyeva /
The deficit of Turkey's international investment position, reflecting the accumulated stocks of external financial assets and liabilities of the country for a certain period, increased in October by 2.4 per cent compared to the same month of 2011,reaching $390.2 billion, the report of Turkish Central Bank said on Wednesday.
In October Turkey's reserve assets rose by 14.9 per cent in annual calculation, reaching $ 204.6 billion.
During the year Turkey's debt obligations abroad increased by 19.2 per cent to $ 594.9 billion.
Turkey's portfolio investments in October rose by $51.9 billion and amounted to $245.1 billion compared to the same period of last year. Capital reserves of non-residents rose by 57.6 per cent to $ 61.7 billion.
Turkey's other international investments, not included in direct and portfolio investments, increased by $ 4.8 billion during the year, amounting to $97.2 billion.
The government's deposits in foreign currency for the period increased by 39.7 per cent to $ 27.8 billion. The deposits in lira increased by 33.1 per cent, reaching $27.8 billion.