ANKARA

Turkey’s net international investment position (NIIP) performed better in October, up 7.9% versus the end of 2018, the country’s Central Bank said on Wednesday. 

The NIIP — the difference between a country’s external assets and liabilities — was minus $341 billion as of the end of October, while it was minus $370.4 billion at the end of last year, according to the bank.

Turkey’s foreign assets totaled $247.7 billion, rising 8.1, while its liabilities against non-residents amounted to $588.7 billion, down 1.8% during the same period.

The NIIP — which can be either positive or negative — is the

Read more: Turkey's net int'l investment position improves in Oct.