Turkey Cuts Reserves Requirements, Freeing $1.3 Billion After Lira Slides
By Steve Bryant - Oct 5, 2011 9:41 AM GMT+0200
Turkey’s central bank cut reserve requirements for lenders’ foreign currency liabilities, releasing an additional $1.3 billion in liquidity to the banking system after the lira set a historic low against the dollar.
More:Turkey Cuts Reserves Requirements, Freeing $1.3 Billion After Lira Slides - Bloomberg
