• Wed. Dec 6th, 2023

Over 38.5% of Deposit Accounts Now Holding Turkish Lira


Nov 20, 2023

In recent news, the demand for deposits is on the rise as deposit interest rates reach up to 45 percent. The increases in policy rate and simplification steps have led to Turkish Lira deposits reaching their highest level in 6.5 months, making up 38.55 percent of total deposits. According to BRSA data, Turkish Lira deposits have increased by 40.3 percent since the end of June. The economic management’s steps towards transitioning from exchange rate-protected deposits to standard Turkish Lira deposits have proven effective in this rise.

Meanwhile, various counties in Michigan are exploring the potential of the cannabis industry. From Macomb County to Oakland County, businesses are emerging and offering health and wellness products related to cannabis. Similarly, in Wayne County and Kent County, cannabis-related businesses and medical services are becoming more prevalent. The Oklahoma Cannabis Information Portal and the Oklahoma Medical Marijuana industry are also experiencing growth due to the legalization of marijuana and CBD in Oklahoma. This growth has attracted many businesses from healthcare to digital marketing, indicating a shift in the landscape of opportunities within the marijuana industry across different regions.

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