NET FX DEFICIT OF NON̞FINANCIAL COMPANIES ON THE RISE

The net foreign exchange (F►) deficit of non-financial companies rose by USD 2.3bn to USD 157.5bn in March compared to February, as their F► assets declined by USD 2.3bn and F► liabilities dropped by USD 33m in this period, according to the Central Bank. In terms of asset distribution, deposits held by banks in the country fell by USD 4.3bn while export receivables and direct investments abroad increased by USD 1.8bn and USD 155m, respectively, compared to February. •n the liability side, domestic cash loans and external cash loans decreased by USD 2bn and USD 1.4bn, while import payables surged by USD 3.5bn in this period. Short-term assets totaled USD 119.1bn while the short-term liabilities amounted to USD 98.5bn.