Forex held by Turkish locals fall to $167.8 billion

Dünya Executive - - OVERVIEW -

Fore gn currency depos ts held by local nvestors n Turkey fell to $167.8 b ll on n the week of March 16, from $169.1 b ll on a week earl er, central bank data showed last week. The l ra has been trad ng close to ts all-t me low aga nst the euro and the dollar th s week, as concerns about U.S. nterest rate h kes added to pers stent worr es about Turkey’s h gh current account def c t and nflat on.

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