Türkiye’s external assets rose 4.2% from the previous month to $419.6 billion at the end of July. According to data released Friday by the Central Bank of the Republic of Türkiye, the country’s liabilities to non-residents increased 1% during the same period to $818.3 billion.
Türkiye’s net international investment position, calculated as the difference between external assets and liabilities, was recorded at negative $398.7 billion in July.
Reserve assets rose to $164.4 billion
Central bank reserve assets increased by $17 billion from the previous month to reach $164.4 billion. Among other asset items, direct investments rose 0.8% to $81.8 billion, while financial derivatives increased 0.7% to $2.5 billion.
Other investments declined 0.5% to $161.7 billion. Foreign-currency deposits held by resident banks also fell 6.9% month on month to $44.7 billion.
Portfolio investments increased among liabilities
On the liabilities side, direct investments declined 0.3% to $232.5 billion. Portfolio investments, meanwhile, rose 3.5% to $160.2 billion.
Shares and investment fund units held by non-residents increased 1% to $50.2 billion. Financial derivative liabilities fell 43% to $4 billion, while other investment liabilities rose 1.6% to $421.6 billion.