According to figures prepared by the Ministry of Treasury and Finance, Turkey’s central administration gross debt was Turkish liras 1,934.7 billion (USD 232.8 billion) as of October 31st, 2020, an increase of 3.9% compared to the previous month in Turkish lira value.
This debt stock represents the outstanding debt of public sector institutions and the Central Bank. The US dollar/Turkish lira exchange rate was TL 8.31 at the end of October and TL 7.75 at the end of September.
Of the total gross debt stock, TL 806.8 billion (USD 97.1 billion), or 41.7%, was denominated in Turkish liras while TL 1,127.9 billion (USD 135.7 billion), or 58.3%, was in foreign currency.