Turkey Concludes FX-Protected Deposit Scheme Amid Stabilizing Account Volumes

The Turkish central bank has officially ended its foreign exchange-protected deposit program as customer balances plateau. The phased withdrawal aims to normalize monetary conditions while preventing sudden capital flight.

27 Aug, 11:38 — 27 Aug, 11:38

Post Share

Sources

Showing 1 of 1 sources

Daily SabahMixed1d ago

Türkiye completes KKM exit as accounts volume flattens

Türkiye's FX-protected scheme, the so-called KKM, which has long weighed on the budget before being scaled down, has officially ended as its volume dropped to zero, official b...

Read full article →

PERSPECTA

PERSPECTA

Turkey Concludes FX-Protected Deposit Scheme Amid Stabilizing Account Volumes

Sources

Türkiye completes KKM exit as accounts volume flattens

Related Stories

Shipping Traffic Through Strait of Hormuz Falls Below Ten-Day Average

German Unemployment Climbs Past Three Million Mark

N-able, GCL, and Bekaert Announce New Share Repurchase Programs

Google Revises European Spam Policies to Comply With EU Antitrust Rulings

PERSPECTA