Find news published in the date range below
and and
and and
and and
Clear
Euro
Arrow
56,2640
Dollar
Arrow
48,4248
Sterling
Arrow
65,5017
Gold
Arrow
6969,5893
BIST 100
Arrow
14.012

New regulation from the Central Bank for short-term debts

The Central Bank of the Republic of Turkey aims to ensure financial stability by increasing reserve requirement ratios for short-term Turkish lira debts.

Don't leave your news choices to an algorithm - decide for yourself what you read. Add 12punto to your preferred sources!
New regulation from the Central Bank for short-term debts

The Central Bank of the Republic of Turkey has made changes to reserve requirement ratios for short-term Turkish lira debts obtained from abroad in order to ensure macro-financial stability and strengthen the monetary transmission mechanism.

According to the statement, the 12 percent reserve requirement ratio applied to funds obtained from Turkish lira-denominated repo transactions abroad and loans received from abroad with maturities of up to 1 year has been differentiated based on maturity.

Accordingly, this rate has been increased to 18 percent for maturities of up to 1 month and to 14 percent for maturities of up to 3 months.


News Source: 12punto

Central Bank credit Central Bank of the Republic of Turkey