ASHGABAT, Turkmenistan, August 2. The total volume of deposits attracted by banks of Turkmenistan in the national currency from January through April 2023 amounted to 66.27 billion Turkmen manat ($18.96 billion), of which 16.94 billion Turkmen manat ($4.84 billion) were issued only in April, Trend reports.
According to the Central Bank of Turkmenistan, of the total volume of attracted deposits, bank deposits of legal entities for the first 4 months of this year amounted to 53.1 billion Turkmen manat ($15.19 billion).
Furthermore, bank deposits of individuals for the first four months of 2023 amounted to 12.45 billion Turkmen manat ($3.56 million), which is 29.4 percent more than in the first month of last year (9.62 billion Turkmen manat, or $2.75 billion).
The total volume of deposits attracted by banks of Turkmenistan in the national currency in 2022 amounted to 872.64 billion Turkmen manat ($249.31 billion), with an average interest rate of 0.31 percent.
Meanwhile, according to the Central Bank of Turkmenistan, the official exchange rate of the Turkmen manat against the US dollar on August 2, 2023 is set at 3.5 manat per USD.