Turkish private sector foreign debt falls in November

Hurriyet Daily News | Jan 16, 2020 at 11:12 AM
  • Turkey’s outstanding short-term foreign private-sector debt narrowed in November 2019, the Central Bank of the Republic of Turkey (CBRT) said on Jan. 16.
  • The private sector’s short-term external loans, excluding trade credits, totaled $10.2 billion, down $5.2 billion in November 2019.
  • On a basis of remaining maturity at November-end, the private sector’s total outstanding loans received from abroad amounted to $51.8 billion in principal repayments over the next 12 months.