Türkiye's short-term foreign debt stock at $162.8B

Türkiye's short-term foreign debt stock at $162.8B

Banks' short-term foreign exchange loans up by 6.9% to $11.5B in June, from end-2022

By Gokhan Ergocun

ISTANBUL (AA) - Türkiye's short-term external debt stock totaled $162.8 billion as of the end of June, up by 9.2% from the end of the last year, the Central Bank figures showed on Thursday.

Banks' foreign debt stock was up by 2.7% to $64 billion and other sectors' debt stock rose by 0.8% to $54.5 billion, the bank revealed.

Short-term foreign exchange loans of the banks received from abroad increased by 6.9% to $11.5 billion, it added.

Some 48.2% of the total debt was in the US dollar, while the euro (25.1%), Turkish lira (9.3%) and other currencies (17.4%) followed it.

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