Non-financial companies' net foreign exchange deficit reached $205.7 billion in June 2026

According to data from the Central Bank of the Republic of Turkey, the net foreign exchange deficit of non-financial companies increased by $2.3 billion compared to the previous month, rising to the level of $205.7 billion in June 2026.

Latest status in net foreign exchange deficit

According to data from the Central Bank of the Republic of Turkey, the net foreign exchange deficit of non-financial companies stood at $205.7 billion in June 2026.

While foreign exchange deposits and export receivables declined on the asset side, derivative liabilities climbed.

Foreign currency loans and import debts

The real sector's foreign exchange debt consists of foreign currency loans and import debts.

As of mid-2026, domestic foreign currency loans stood at $188 billion, while foreign loans were recorded at $133 billion.

Overvalued TRY and industrial costs

With July 2026 data, the CPI-based real effective exchange rate index rose to 105.96.

The high course of services inflation and an overvalued TRY are disrupting the cost balance of industrialists.

Increase in concordat applications

In the first seven months of 2026, provisional concordat grace periods were granted to 1,167 firms, while bankruptcy rulings were issued for 171 firms.

The textile and apparel sector ranked first in concordat applications with 159 files.