Increase in foreign exchange deposits gained momentum

According to data announced by the Central Bank of the Republic of Turkey (CBRT), a significant increase was recorded in foreign exchange deposits on a parity-adjusted basis in the week ending November 6.

According to data from the Central Bank of the Republic of Turkey, foreign exchange deposits increased by 1 billion 492 million dollars in the week of November 6, based on parity-adjusted data. In the previous week, these deposits had recorded an increase of 585 million dollars.

According to the released data, during this period, foreign exchange deposits of individuals increased by 598 million dollars, while deposits of legal entities increased by 895 million dollars.