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FX-Protected Deposits See Biggest Net Inflow in 8 Weeks

TURKEY
  • According to central bank data, net inflows to FX-protected deposit accounts was TRY107.3b, the biggest in eight weeks. Total deposits stand at TRY2.85trln.
  • Gross FX reserves rose $3b from the previous report to $69.8b.
  • Elsewhere, total domestic lira loans was up 71.1% to TRY6662.0b ($254.7b) in the week ending July 7 compared to a year earlier.

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