KKM balance has fallen to approximately 36 billion 111.3 million dollars

The total FX-protected deposit (KKM) balance of the Central Bank of the Republic of Turkey (TCMB) has fallen to the level of 36 billion 111.3 million dollars.

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KKM balance has fallen to approximately 36 billion 111.3 million dollars

The TCMB has published the November results for the stock balances of Foreign Currency-Protected Deposit/Participation (DDKKM) and Turkish Lira-Protected Deposit/Participation (TL KKM) accounts.

According to the data, the total DDKKM stock balance decreased by 6.3 billion dollars in November, falling from 42.4 billion dollars to 36.1 billion dollars.

The individual DDKKM stock balance fell by 3.5 billion dollars from 32.3 billion dollars to 28.8 billion dollars, while the corporate DDKKM stock balance decreased by 2.8 billion dollars from 10.1 billion dollars to 7.3 billion dollars.

The Turkish Lira KKM stock balance also fell by 900 million liras in November, dropping from 1.3 billion liras to 400 million liras.

The announced data indicated that the total KKM balance is 36 billion 111.3 million dollars.

News Source: 12punto