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Friday, November 12, 2010

Turkey Raises Banks Lira Reserve Requirement to 6% - BusinessWeek

"Turkey Raises Banks Lira Reserve Requirement to 6%
November 12, 2010, 2:12 AM EST

By Steve Bryant and Aydan Eksin

Nov. 12 (Bloomberg) -- Turkey’s central bank increased the level of lira reserves that banks must deposit to 6 percent from 5.5 percent as it seeks to tame loan growth."

More:Turkey Raises Banks Lira Reserve Requirement to 6% - BusinessWeek