(ECO) 10-MONTH FDI INFLOW DOWN 17.9 PCT.ANKARA, Dec 15, 2010 (TUR tur: see ibex. ) -- Foreign direct investment (FDI FDI
See: Foreign direct investment ) inflow to Turkey was down 17.9 percent year-on-year in first ten months of 2010 to 5.88 billion USD USD
In currencies, this is the abbreviation for the U.S. Dollar.
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. , Turkish Treasury statistics showed on Tuesday.
In 2009, Turkey received a total of FDI of 7 billion USD in whole year.
According to a Treasury bulletin, foreign direct capital inflow also went down 31.9 percent in January-October period to 3.88 billion USD from 5.7 billion USD in the same period of last year.
Considering the capital outflow of 22 million USD, net capital inflow totaled 3.73 billion USD, a 27.8 percent decline in net capital inflow.
Real estate expenditure was the only item in 10-month foreign direct investment inflow to Turkey. Real estate investments amounted to 1.99 billion USD. It was 1.46 billion USD in first ten months of last year.
(THROUGH ASIA PULSE)