September 18, 2023
Central Bank announces more steps to boost lira deposits
Türkiye's Central Bank has announced new measures to bolster the Turkish Liras deposits in the financial system

The bank last month started to roll back the FX-protected deposit accounts scheme, ending an implementation that previously stipulated a target for conversion from foreign currency deposits to FX-protected deposits.

On Sept. 18, the bank announced additional measures designed to increase the share of Turkish Lira deposits.

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