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Foreign Currency Accounts Decreased by 850 Million Dollars

Foreign currency accounts of domestic residents was going to be decreased by 1 billion 599 million dollars. When the data is adjusted for

Foreign Currency Accounts Decreased by 850 Million Dollars
Yazar: James Gordon

Yayınlanma: 17 Haziran 2022 04:52

Güncellenme: 20 Kasım 2024 05:23

Foreign Currency Accounts Decreased by 850 Million Dollars

Foreign currency accounts of domestic residents was going to be decreased by 1 billion 599 million dollars. When the data is adjusted for the parity effect, the decrease was expressed as $849 million. Adjusted for the parity effect, retail accounts decreased by $1.3 billion, while commercial accounts increased by $472 million.

According to the data announced by the Central Bank of the Republic of Turkey (CBRT), foreign currency accounts of domestic residents, which were 214 billion 912 million dollars in the previous week, became 213 billion 312 million dollars in the week ending June 10. In the week of June 10, foreign currency accounts of real persons decreased by 1 billion 597 million dollars compared to the previous week and became 134 billion 655 million dollars, while foreign currency deposits of legal entities decreased by 2.5 million dollars to 78 billion 657 million dollars. Total foreign currency deposits of domestic residents, adjusted for the parity effect, decreased by 849 million dollars. When adjusted for the parity effect, foreign currency deposits of real persons decreased by 1 billion 322 million dollars, while foreign currency deposits of legal entities increased by 472 million dollars.
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