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sd-10-EFTA01374996Dept. of Justice

EFTA Document EFTA01374996

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Deutsche Bank El MO-6. Residents are long in FX and used to balance out movements in TRY, yet not any more since the Fed taper tantrum 170 160 -I 150 140 130 120 -I 110 -I 100 90 Jan 11 USDbn Resident FX deposits -Basket/TRY (rhs) Source Haver Anal/tics, CBT. and Deutsche Bank Jan 12 Jan 13 Jan 14 Jan 15 Basket/TRY 3.4 3.2 3.0 2.8 2.6 2.4 2.2 2.0 1.8 Deutsche Bank D*E.tsch., Bank CONFIDENTIAL - PURSUANT TO FED. R. GRIM. P. 6(e) CONFIDENTIAL 8 DB-SDNY-0070011 S

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Dept. of Justice
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sd-10-EFTA01374996
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