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             Non-residents' holdings of equity and government domestic debt securities ($ mn) (Market Value)
        2017
   2018
   2019
  Oct 9
     STOCK
                    Equity
    51,984
    29,350
    32,422
   20,379
     GDDS
    30,942
    18,325
    15,448
   5,403
     Repo
    2,403
    314
    513
   157
 Private
    959
     612
     406
    233
    NET TRANSACTIONS (Adjusted for Foreign Exchange and Market Price Effects)
     Equity
   3,324
   -1,039
   414
  -5,671
 GDDS
     7,383
      -906
      -3,121
     -7,560
     Repo
 268
 -1,391
 174
 -198
 Private bond
    40
     -343
     -207
    -173
    source: tcmb
  5.1.4​ Gross intl reserves
5.2​ FDI
   Turkey is burning through its foreign exchange reserves like a house on fire” to support the Turkish lira, Johns Hopkins University economist Steven Hanke said​on October 18.
Annual price increases in the country were running at an annual 38.97%, according to Hanke’s calculations, offering a stark contrast to the 11.8% annual inflation that is Turkey’s official calculation.
     On October 14, Mediterra ​announced​a share purchase agreement that gives it a majority stake in PayCore, one of Turkey’s leading providers of payments software and platforms.
Dutch insurer Aegon put its Eastern European business up for sale, including Turkish unit, Reuters r​eported,​quoting sources familiar with the matter.
   15​ TURKEY Country Report​ November 2020 ​ ​www.intellinews.com
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