Statement from Minister Şimşek on the Turkish Lira: Despite multiple shocks

Minister of Treasury and Finance Mehmet Şimşek made important statements on his social media account, saying, "Despite multiple shocks, the share of Turkish lira deposits in total deposits has reached its highest level in the last 11 years, at approximately 62 percent."

Minister Şimşek continued his remarks as follows:

Thanks to increasing predictability and strengthening investor confidence, we have made significant progress in the de-dollarization process.

Despite multiple shocks, the share of Turkish lira deposits in total deposits has reached its highest level in the last 11 years, at approximately 62 percent.

We will continue our policies to reinforce confidence in the Turkish lira, strengthen macro-financial stability, and ensure price stability, which is a prerequisite for sustainable high growth.