Turkey: About half of the banking system’s deposits are in dollars or euros

Turks have traditionally held a large proportion of their savings in foreign currencies as protection against runaway inflation and bouts of currency weakness. 

About half of the banking system’s deposits are in dollars or euros, according to the latest regulatory data.

https://www.bloomberg.com/news/articles/2018-08-10/turkish-banks-are-said-to-plan-meeting-with-regulator-saturday

Kommentarer

Populära inlägg i den här bloggen

Mervyn King

Stegra; Wallenberg hyllades. Pengarna verkar nu inte räcka.

4 oktober. Vänsterpartiets kopplingar till terrorklassade islamistiska nätverk. Why Bowl Together When You Can Scroll Alone? Wall Street’s AI Party.