Türkiye's de-dollarization advances as lira deposits hit 11-year high

Treasury and Finance Minister Mehmet Şimşek said Thursday that Türkiye's de-dollarization drive had made significant progress, with Turkish lira deposits rising to their highest share of total bank deposits in about 11 years. Şimşek said increased policy predictability and stronger investor confidence have supported the shift toward lira-denominated savings. "Despite…