Turkey's current account posts deficit of 45 mln USD

Non-residents equity security transactions recorded net sales of 786 million USD in the first six months of this year, including the net sales of 137 million USD in June.

Turkey's current account posts deficit of 45 mln USD

Net direct investment in Turkey reached 6.1 million USD in the first half, increasing 2.9 million USD over the same period of previous year.

Net real estate purchases of nonresidents in Turkey recorded 1.2 million USD during this period.

Residents net direct investment abroad recorded 1.3 million USD in the first six months.

Non-residents equity security transactions recorded net sales of 786 million USD in the first six months of this year, including the net sales of 137 million USD in June.

Banks currency and deposit assets in the form of foreign exchange and TL recorded a decrease of 2.9 million USD in the first half as a result of 4.7 million USD decrease in foreign exchange, in contrast to 1.7 million USD increase in TL.

On the other hand, other sectors? deposit assets abroad recorded a decrease of 11.1 million USD in the first half, consisting of the increase of 320 million USD observed in June.

Furthermore, after reflecting the first quarter Locational Banking Statistics compiled by the Bank for International Settlements (BIS), the other sectors? deposit assets abroad have been revised and showed a decrease of 11.1 million USD in the quarter of 2011.

As regards to loans, banks realized a net disbursement of 8.6 million USD, increasing from 3.4 million USD observed in the same period of the previous year. Other sector realized a net disbursement of 4.5 million USD, in contrast to net repayment of 4.7 million USD observed in the same period of the previous year.

Non-resident banks foreign exchange deposits held within domestic banks increased 1.049 million USD and Turkish Lira deposits posted a decrease of 6.3 million USD.

Official reserves, a sub-item under reserve assets, recorded an increase of 1.5 million USD in June and 9.7 million USD in the first six months of 2011.

AA

Last Mod: 11 Ağustos 2011, 12:24
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