Turkey's private sector foreign debt rises $8.1 bln in 2014

The Turkish Central Bank has disclosed that the private sector has seen its long-term foreign debt increase to $166.2 billion since December

Turkey's private sector foreign debt rises $8.1 bln in 2014

World Bulletin/News Desk

Turkey's private sector long-term foreign debt rose by $8.1 billion in August to $166.2 billion, from December last year, the country's central bank disclosed on Monday.

The sector's short-term foreign debt, - the debt that must be paid in the next 12 months - also increased by $1.9 billion to $42.3 billion over the same period.

Data released by the bank indicated that more than half of Turkey's private sector long-term debt was in dollars, at 58.8 percent, with 33.8 percent in euros and 6.1 percent in Turkish lira.

For short-term debt, 52.1 percent was in dollars, with 39.3 percent in euros and 8.2 percent in Turkish lira. 

Last Mod: 20 Ekim 2014, 12:18
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