Foreign Currency Deposits Increased, There Was a Decrease in Legal Entities.

Individual Increase in Foreign Currency Deposits

According to the latest data, there has been a significant increase in individual savers' foreign currency deposits. Information shared by the Central Bank of the Republic of Turkey (TCMB) revealed that foreign currency deposits increased by 1.1 billion dollars in the week of October 3rd.

Decrease Observed in Legal Entities

On the other hand, legal entities' foreign currency deposits experienced a decline during the same period. In this context, it was noted that foreign currency deposits of legal entities decreased by 934 million dollars.

Exchange Rate Protected Deposits Experienced Turbulence

Exchange rate protected deposits also exhibited a similar decline, showing a reduction of 8.94% according to BDDK data in the week of October 3rd. Thus, exchange rate protected deposits decreased to a total of 266.6 billion TL, representing a loss of 26.2 billion TL.