#Currency Protected Deposit
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Domestic residents' preference shifted from foreign currency to gold
According to Central Bank of the Republic of Turkey data, while foreign currency deposits declined, precious metal deposit accounts increased by 14.5 billion dollars. The Currency Protected Deposit system, which began in 2021, officially ended as of August 21, 2026.
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Economy
Accounts in the Currency Protected Deposit system have been zeroed out
According to data from the Banking Regulation and Supervision Agency, the account balance in the Currency Protected Deposit system, which has been in effect since 2021, was completely zeroed out as of the week of August 21, 2026.
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Economy