Foreign currency deposits increased by 1.4 billion dollars in a week.

Significant Increase in Foreign Currency Deposits

Last week, a notable increase was recorded in foreign currency deposits. According to the Banking Regulation and Supervision Agency (BRSA) data, as of October 10, 2023, the total foreign currency deposits of residents in the country reached 208 billion 589 million dollars. This represents an increase of 3 billion 107 million dollars compared to the previous week's figure of 205 billion 482 million dollars.

Deposit Data of Real and Legal Persons

Notably, foreign currency deposits of real persons were recorded at 130 billion 868 million dollars, showing an increase of 2 billion 573 million dollars compared to the previous week. The foreign currency deposits of legal persons rose to 77 billion 721 million dollars, an increase of 534 million dollars.

Situation Considering the Effect of Exchange Rate

In total deposits of residents in the country, adjusted for the effects of exchange rates, an increase of 1 billion 445 million dollars was observed. After this adjustment, the foreign currency deposits of real persons increased by 606 million dollars, while the foreign currency deposits of legal persons increased by 839 million dollars.

Continued Decline in Currency-Protected Deposits

On the other hand, the decline in currency-protected Turkish Lira deposits continues. In the week of October 10, these accounts decreased by 27 billion 90 million TL, falling to a total of 239 billion 543 million TL.