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FinancialNews
22-08-20
Turkey's external property reaches 227.3 Billon USD in June
(MENAFN) On Friday August 21 the Turkish Central Bank stated that Turkey's exterior resources arrived at 227.3 billion USD at the end of this June, decreasing 10.3 percent from end-2019.
The country's liabilities alongside non-residents additionally positioned a 4.7 percent refuse to 568.9 billion USD in the same phase.
The net international investment position (NIIP) the dissimilarity between external resources and accountabilities was minus 341.5 billion USD as of this June, improvising from 343.5 billion USD at the end of last year.
Illustrating a photograph in time, the NIIP which can be moreover positive or negative is the worth of abroad assets possessed by a nation, minus the worth of domestic property possessed by foreigners, counting abroad property and accountabilities held by a nation's government, the private sector, and its citizens.
MENAFN2208202000450000ID1100676127
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