Over 38.5% of Deposit Accounts Now Holding Turkish Lira

Turkish Lira deposits are experiencing a surge due to an increase in deposit interest rates reaching up to 45 percent. The policy rate and simplification steps have led to the highest level of Turkish Lira deposits in 6.5 months, representing 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 were effective in the rise.

On the other hand, various counties in Michigan are delving into 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. Additionally, the Oklahoma Cannabis Information Portal and the Oklahoma Medical Marijuana industry are also experiencing growth. With the legalization of marijuana and CBD in Oklahoma, many businesses from healthcare to digital marketing are entering the industry.

The growth is indicative of an evolving landscape and opportunities in the marijuana business in various regions.