Please submit your e-mail address to get the latest news

Foreign exchange resevers fall
  04.11.2011


The gross foreign exchange reserves of the Turkish Central Bank had dropped to $82.3 billion as of Oct. 21, the bank announced yesterday.



 


The reserves were $85.8 billion on Oct. 14.

The bank said total reserves decreased to $88.3 billion from $91.9 billion in June.

Gold constituted $6.064 billion of the total reserves.

The country repaid 564.21 million in foreign debt between Oct. 1 and 26, the bank added.

According to the weekly data, total debt repaid by the Turkish Treasury alone was $441.15 million.

Since the beginning of the year, Turkey has made a foreign debt payment of $10.8 billion.

Turkey repaid a total of $13.32 billion in foreign debt in 2010.

The banking sector’s credit volume, meanwhile, excluding participation banks, rose 3.3 billion liras in a week to 579 billion liras as of Oct. 14.

Consumer loans and credit card debts were down 792.5 million liras in a week to 209.3 billion liras as of Oct. 21, other data indicated.

Some 158.19 million liras of the total amount came from consumer loans while 51.1 billion liras stemmed from credit card debts.

Central Bank data also showed that home loans amounted to 68.6 billion liras, vehicle loans totaled 6.45 billion liras while other loans equaled 83.13 billion liras.
  
  

Source : hurriyetdailynews.com
Hit : 799


Strategic Market Intelligence: General Insurance in Turkey – Key Trends and Opportunities to 2022
Africa a priority market for Turkish health care tourism
Turkish economy grows 4 percent in 2015
Turkey s new central bank chief signals simpler policy
Turkish inflation drops to 3 year low
Turkey s Central Bank cuts overnight lending rate
The 3rd edition of the XPRIMM Turkey Insurance Profile launched at the 7th International Istanbul Insurance Conference
Insurance contract may be made electronically
Agencies will not use insurance on their name
Fitch has announced Turkish insurance industry report
Turkey s Halkbank pension and insurance sale, sources say
Turkey launches new health data system
Turkey: Achieving a transition to a new economy
New Milan expo displays best of Turkish culture
Turkey s insurance sector strengthens as investor confidence grows
Turkeys insurance sector posts 6.4 pct growth
Turkish Halk insurance units privatisation tender details unveiled
Turkey´s economic star continues to shine
Turkey more than doubles exports in last decade
Ministry of Health offers services in six languages
Foreign investment in Turkey worth $10b in 2014
Incentives to boost birth rate to cost Turkey $400 mln
Fitch upgrades Turkey s growth forecasts
Turkish tourism yield on rise

 
Medasist International - Copyright 2005