Foreign currency deposits of households and companies continue to rise By Investing.com


© Reuters.

Investing.com – Residents’ foreign exchange deposits rose by $ 2.2 billion in the week of April 16, from $ 223.001 billion to $ 225.235 billion. In the last week, deposits of real persons, ie citizens, increased by 851 million dollars in the increase in foreign exchange deposits, while the deposits of legal persons, namely companies, increased by 1 billion 383 million dollars.

Foreign exchange deposit accounts broke a record, exceeding $ 236 billion in January, then declined to $ 230 billion in early March. After the dismissal of the CBRT President, as the exchange rate peaked after November, there was profit sales in deposits, and total foreign exchange deposits decreased by $ 11 billion in this period.

Last week, deposits of real persons increased by 459 million dollars, and deposits of legal entities increased by 1.34 billion dollars. This week, both households and companies continued to buy foreign currency.

Author: Necdet Erginsoy

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