Türkiye’s Domestic Foreign Currency Deposits Surge by $3.43 Billion in a Week

According to the Central Bank of the Republic of Türkiye (CBRT), domestic residents’ foreign currency deposits rose sharply during the week ending August 8, increasing by $3.433 billion. The total climbed from $192.260 billion the previous week to $195.693 billion.

Breaking down the data, individual accounts saw a rise of $1.628 billion, bringing their total holdings to $119.280 billion. In contrast, corporate accounts recorded a $1.804 billion decrease, yet still stood at $76.412 billion.

When adjusted for exchange rate effects, the overall foreign currency deposits of domestic residents increased by $1.534 billion. Within this adjusted figure, individual deposits were up by $242 million, while corporate deposits surged by $1.292 billion.

Financial analysts note that these fluctuations reflect both market sentiment and corporate liquidity strategies, making foreign currency holdings a critical indicator for Türkiye’s financial stability.