Foreign Currency Deposits in Turkey Increased

Foreign Currency Deposits in Turkey Increased Foreign currency deposits in Turkey increased. Foreign exchange deposits in the country increased by $ 3.4 billion last week. Foreign exchange deposits in banks continued to increase last week. According to the daily data released by the BDDK, the total foreign exchange deposits in banks increased by $ 3.4 billion to $ 255 billion. 2.4 billion dollars of this increase consisted of real persons. Thus, the increase in foreign exchange deposits in the period when the normalization steps taken in economic management continued. From the end of October to December 4, total foreign exchange deposits increased by more than $ 10 billion. Most of this increase recorded was due to foreign currency demand of real persons. Daily data shared by the Banking Regulation and Supervision Agency (BDDK) is published for the banking sector in a consolidated manner. Unlike the data shared by the CBRT every Thursday, there is no distinction between domestic and foreign residents. Therefore, although there is a change in the total number, the main trend between the two data follows a consistent course.