Hot details continue to come after the last minute development that occupies the agenda. According to the latest information obtained; Economist Dr. Mahfi Eğilmez wrote on his personal blog, "TL Deposits or Dollars?" In his article titled, he answered one of the most curious questions of investors in the high interest rate environment. Eğilmez expressed the importance of the issue by saying that focusing only on interest rates could be misleading when choosing between TL deposits and foreign currency. Detailed analysis and official statements of the issue are closely followed by our editorial team in line with the developments.
Information from official sources regarding the issue, which has a wide repercussion on Türkiye's agenda, has become clear. According to the statements made; Stating that the main determining factor in the investment decision is the extent to which the interest income obtained can compensate for the increase in the exchange rate, Eğilmez emphasized that savers should definitely take the exchange rate risk into account when evaluating the return. Legal investigations and investigations by the competent authorities on the subject continue to deepen. We will continue to report new developments as they occur.
Information from official sources regarding the issue, which has a wide repercussion on Türkiye's agenda, has become clear. According to the statements made; Mahfi Eğilmez revealed the return of TL deposits against the dollar with his sample calculation. While the investigation process carried out by the official authorities regarding the incident continues, you can instantly follow the most up-to-date information on our website.
According to the latest information about hot developments, a new phase has been entered in the event that is closely followed by the public. According to the details given; According to the scenario, an investor who had 500 thousand TL in hand a year ago deposits his money in a time deposit in TL with a net annual interest of 36 percent. Assuming that the US Dollar exchange rate was 40 TL at the time the investment was made, 500 thousand TL equals approximately 12 thousand 500 US Dollars. Legal investigations and investigations by the competent authorities on the subject continue to deepen. We will continue to report new developments as they occur.
According to the latest information about hot developments, a new phase has been entered in the event that is closely followed by the public. According to the details given; At the end of one year, the deposit amount increases to 680 thousand TL with interest income. Considering that the US Dollar exchange rate increased to 47 TL in the same period, the dollar equivalent of this accumulation is approximately 14 thousand 468 US Dollars. Thus, the investor obtains a return of approximately 15.7 percent in dollar terms by investing his money in TL deposits instead of converting it into dollars from the beginning. Detailed analysis and official statements of the issue are closely followed by our editorial team in line with the developments.
Information from official sources regarding the issue, which has a wide repercussion on Türkiye's agenda, has become clear. According to the statements made; According to Mahfi Eğilmez's calculation, the theoretical break-even point of a TL deposit offering a net annual interest of 36 percent against the dollar corresponds to an increase in the exchange rate at the same rate. While the investigation process carried out by the official authorities regarding the incident continues, you can instantly follow the most up-to-date information on our website.
According to the latest information about hot developments, a new phase has been entered in the event that is closely followed by the public. According to the details given; However, Eğilmez stated that under real market conditions, foreign exchange buying-selling spreads, commissions and other transaction costs come into play, and evaluated the issue by saying that the actual break-even level may decrease to an exchange rate increase of approximately 34 percent. Legal investigations and investigations by the competent authorities on the subject continue to deepen. We will continue to report new developments as they occur.
Hot details continue to come after the last minute development that occupies the agenda. According to the latest information obtained; Accordingly, if the increase in the US Dollar exchange rate remains below 34 percent, TL deposit investors gain profit in dollar terms. If the exchange rate increase is approximately 34 percent, the investor maintains his current foreign currency assets, while if this rate is exceeded, the advantage of TL deposits in dollar terms disappears. While the investigation process carried out by the official authorities regarding the incident continues, you can instantly follow the most up-to-date information on our website.
Information from official sources regarding the issue, which has a wide repercussion on Türkiye's agenda, has become clear. According to the statements made; Eğilmez pointed out that the saver who invests in TL deposits not only earns interest income but also assumes exchange rate risk. Detailed analysis and official statements of the issue are closely followed by our editorial team in line with the developments.
According to the latest information about hot developments, a new phase has been entered in the event that is closely followed by the public. According to the details given; Stating that the main question that the investor must answer is whether the TL interest rate or the increase in the US Dollar exchange rate will be higher, Eğilmez evaluated the issue as follows: In high interest periods, the real profit consists of the difference between the interest return and the exchange rate increase. While the investigation process carried out by the official authorities regarding the incident continues, you can instantly follow the most up-to-date information on our website.