Upward trend in foreign currency deposits continues

Serdar HocamAuthor & Editor

According to Central Bank data, an increase was recorded in the foreign currency accounts of both individuals and legal entities in the second week of October.

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According to figures reflected in the data of the Central Bank of the Republic of Turkey, the upward movement in foreign currency deposits continued in the week ending October 9.

Increases in real and legal persons

Data announced by the Central Bank of the Republic of Turkey revealed that the growth in foreign currency accounts continued without slowing down last week.

Details of weekly figures

According to data adjusted for parity effects, foreign currency deposits increased by 146 million dollars among real persons in the week of October 9.

It was determined by official records that the foreign currency deposits of legal entities increased by 179 million dollars in the same period.

Comparison with the previous week

In the foreign currency deposit data closely monitored by the markets, a total increase of 851 million dollars had occurred in the previous week.