According to the information announced by the Central Bank of the Republic of Turkey (CBRT), foreign exchange assets of non-financial companies decreased by 3 billion 31 million dollars in November 2022 compared to the previous month, while their liabilities increased by 777 million dollars.
Thus, the net foreign exchange position gap increased by 3 billion 808 million dollars to 86 billion 866 million dollars.
When the asset distribution is analyzed, in November 2022, compared to the previous month, deposits in domestic banks decreased by 4 billion 356 million dollars, export receivables increased by 868 million dollars, direct capital investments abroad by 296 million dollars and securities increased by 160 million dollars.
In the same period, in the distribution of liabilities, cash loans from abroad and import debts increased by $643 million and $231 million, respectively, while domestic cash loans decreased by $97 million.
The share of short-term liabilities was 31 percent
While short-term loans decreased by 352 million dollars in domestic loans, long-term loans increased by 255 million dollars.
On the other hand, short-term loans decreased by 214 million dollars in loans obtained from abroad, while long-term loans increased by 1 billion 87 million dollars.
In November of last year, short-term assets were 148 billion 41 million dollars and short-term liabilities were 78 billion 447 million dollars. The short-term net foreign exchange situation surplus, on the other hand, decreased by 2 billion 762 million dollars in November 2022 compared to the previous month and decreased to 69 billion 594 million dollars.
The share of short-term liabilities in total liabilities stood at 31 percent.
