Turkey’s short-term external debt stock reaches $118.7B

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Turkey’s short-term external debt stock reaches $118.7B

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The country’s external debt stock — maturing within one year or less — decreased by 4% in March versus the end of 2019, according to the Central

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September 2018 in the face of rising inflation. In a statement after its monetary policy meeting, the bank said the cut was justified by a continuing need to strengthen a “recovery in economic activity.” Investment

The country’s external debt stock — maturing within one year or less — decreased by 4% in March versus the end of 2019, according to the Central Bank of the Republic of Turkey (CBRT).

Official data revealed that the currency breakdown of the debt stock was composed of 48.7% US dollars, 29.8% euros, 13.9% Turkish liras and 7.6% other currencies.

B […]

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