Free Trial

FX-Protected Deposits Post Record Outflow of TRY85.5bln

TURKEY

Total deposits in Turkey’s FX-protected deposit accounts fell 2.71% in the week to Oct. 20, according to banking regulator data.

  • Net outflows were TRY85.5bln, the biggest on record.
  • Total deposits currently stand at TRY3.07trln.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.