According to Goldman Sachs Group analysts, Turkish investors who have withdrawn from money market funds are likely to transfer most of their savings into lira deposits. In the week ending September 11, money market fund outflows reached 1.8 billion US dollars; as of September 15, lira deposits increased by 12 billion US dollars. The withdrawal of large amounts of capital from money market funds has raised market concerns about capital scrambling to be exchanged for US dollars, and the obvious transfer of funds into lira deposits may temporarily ease the concerns of policy makers.

According to Goldman Sachs Group analysts, Turkish investors who have withdrawn from money market funds are likely to transfer most of their savings into lira deposits. In the week ending September 11, money market fund outflows reached 1.8 billion US dollars; as of September 15, lira deposits increased by 12 billion US dollars. The withdrawal of large amounts of capital from money market funds has raised market concerns about capital scrambling to be exchanged for US dollars, and the obvious transfer of funds into lira deposits may temporarily ease the concerns of policy makers.