Turkey net Investment Positon
Source: https://www.tcmb.gov.tr/wps/wcm/connect/930eae5a-a09c-47b0-9a11-a4c2d8b1586a/IIP_Developments.pdf?MOD=AJPERES&CACHEID=ROOTWORKSPACE-930eae5a-a09c-47b0-9a11-a4c2d8b1586a-prNF5-o 83,55% of the Reserve Assets covers the 100% Foreign Portfolio Investments in Turkey. In an Panic Crisis (Stress Test) if the portfolio investments of abroad (120,181 million USD) and the Loans to Turkish Banks (201,000 million USD) 321,181 m USD has to be paid immediately, Turkey would be on the asset side. 321,181 - 156,511(Reserves) = 164,670 million USD - 143,834 m USD (other inv. abroad) = 20,836 m USD this amout would be paid from the Turkish Direct Investments.