Turks are putting their money into state-backed accounts that shield savers from lira weakness at the fastest pace since their December launch.
Deposits in so-called FX-protected accounts reached 290 billion liras ($21.4 billion) as of late Thursday, banking regulator chairman Mehmet Ali Akben said, up from the last official total of 209 billion a week earlier. That works out to an average inflow of 11.6 billion liras per day, the highest yet.
