Historic week in the deposits of Trk Liras

During the week ending July 13, Turkish pound deposits increased by TL 37 billion last week. This figure was recorded as the highest figure in a week in TL repositories.

Holders of national savings quickly increased their deposits in the Turkish lira while reducing their foreign currency deposits.

According to Central Bank figures, at the end of the week of July 13, Turkish lira deposits in banks recorded an increase of nearly TL 37 billion compared to the previous week. This is the biggest surplus ever recorded on a weekly basis.

During the same week, local residents saw a rapid decline in foreign currency deposits. According to estimates, local savings investors saw a $ 3.9 billion drop in foreign currency deposits during the week of July 13th. This decline was the most severe since the coup attempt of July 15, 2016.