The net foreign exchange deficit of non-financial companies increased

The net exchange position gap of companies excluding the financial sector was 90 thousand 353 million dollars in March.

According to data from the Central Bank of the Republic of Turkey (CBRT), foreign exchange assets of companies excluding the financial sector fell by $938 million in March from the previous month, while their liabilities increased by $2.954 billion. of dollars. .

In this context, the gap due to the net exchange position increased by 3 thousand 892 million dollars and reached 90 thousand 353 million dollars.

When the distribution of assets is analyzed, deposits in national banks decreased by 1 trillion 819 million dollars and 871 million dollars in March compared to the previous month, while direct capital investments abroad, accounts receivable from exports and Values ​​increased by $404 million, $330 million, and $147 million, respectively.

IMPORT ACCOUNTS PAYABLE DECREASED

In the same period, in the distribution of liabilities, foreign cash loans and domestic cash loans increased by $1.573 billion and $1.417 billion, respectively, while import debts decreased by 36 millions of dollars.

Looking at the maturity structure of the liabilities, short-term domestic loans in March increased by $823 million and long-term loans increased by $595 million compared to February 2023.

FOREIGN LOANS

Short-term loans increased by $706 million and long-term loans increased by $831 million in loans obtained from abroad.

In March, short-term assets amounted to 146,773 million dollars, while short-term liabilities amounted to 84,451 million dollars.

The surplus of the short-term net exchange position, for its part, decreased by 2 thousand 871 million dollars with respect to the previous month, with 62 thousand 322 million dollars.

The share of short-term liabilities in total liabilities was 33%. (AA)