CBRT changed reserve requirement ratios
With the change made by the Central Bank of the Republic of Turkey, the reserve requirement ratios for foreign currency protected accounts have been reduced from 30 percent to 25 percent for maturities up to 6 months.
The Central Bank of the Republic of Turkeyhas made an amendment to the communiqué on reserve requirements. The first paragraph of Article 6 of the communiqué was amended, and the phrase '4 percent' in the fourth paragraph was changed to '8 percent'.
Reserve requirement ratios for Turkish Lira liabilities:
The communiqué entered into force upon its publication date.
News Source: 12punto
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