Tag Archives: FX

KKM deposits decline, show data

KKM deposits decline, show data

ANKARA Money parked at the FX-protected deposit accounts, also known as KKM, has declined for the first time since the start of the year. KKM deposits fell around 39 billion Turkish Liras from 3.41 trillion liras on Aug. 18 to 3.37 trillion liras ($124 billion) as of Aug. 25, the weekly data from the Banking Regulation and Supervision Agency (BDDK) …

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