Turkey records decrease in int'l investment

Turkey's international investment position (IIP) deficit has increased by 5.1 percent to $370 billion in June 2012, the Central Bank said on Thursday. In May, the figure was $352 billion.

Its reserve assets increased by 4.9 percent to $186.6 billion in June.

Its debt abroad increased by 11.6 percent to $557.1 billion.

Its portfolio investment increased by $21.3 billion in June, amounting to $140.5 billion. Capital reserves of non-residents increased by 28 percent to $50.4 billion.

Its other international investments increased by $10.4 billion and amounted to $59.8 billion.

Its government deposits in foreign currencies increased by 27.9 percent in June to $25.5 billion. Deposits in lira increased by 26.8 per cent to $10.6 billion.


/Trend/