The foreign currency deposits of residents in Turkey increased by $5.6 billion.

In the past week, the foreign currency deposits of domestic residents in Turkey increased by $5 billion to reach $177.13 billion, according to data released by the Central Bank of the Republic of Turkey (CBRT). This marks a significant rise from the previous week's total of $171.48 billion, with individual deposits growing to $109.15 billion and corporate deposits rising to $67.98 billion.

When adjusted for parity effects, the total foreign currency deposits (excluding currency fluctuations) increased by $2.49 billion. Individual deposits saw a rise of $284.90 million, while corporate deposits surged by $2.21 billion, highlighting a strong trend in foreign currency savings among both individuals and businesses in Turkey.