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Sunday, February 17, 2019

The Central Bank of Turkey Lowers Reserve Requirement Ratios to Increase Liquidity | Al Bawaba

The Central Bank of Turkey Lowers Reserve Requirement Ratios to Increase Liquidity

Published February 17th, 2019 - 09:14 GMT via SyndiGate.info

The Central Bank of the Republic of Turkey (CBRT) on Saturday lowered reserve requirement ratios to provide more liquidity in domestic markets.

"Turkish lira reserve requirement ratios have been reduced by 100 basis points for deposits and participation funds with maturities up to 1-year, and for other liabilities with maturities up to (and including) 3-year.

More:The Central Bank of Turkey Lowers Reserve Requirement Ratios to Increase Liquidity | Al Bawaba