External assets up in March

Dünya Executive - - OVERVIEW -

Turkey’s assets abroad ncreased from the end of 2017 to March 2018, the Turk sh Central Bank reported May 21. “Accord ng to the Internat onal Investment Pos t on (IIP) at the end of March 2018, external assets reached $230.5 b ll on, nd cat ng an ncrease of 1.1 percent compared to the end of 2017,” the Bank sa d. The country’s l ab l t es aga nst non-res dents sl pped

1.4 percent to $674.2 b ll on. The net nternat onal nvestment pos t on (NIIP) the gap between Turkey’s assets abroad and l ab l t es – fell deeper nto negat ve terr tory to m nus $443.7 b ll on at the end of March compared w th m nus $455.4 b ll on at the end of 2017.

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