TCMB - Press Release on Reserve Requirements (2019-08)
Central bank: tcmb | Type: decision | Date: 2019-02-16

Press Release on Reserve Requirements (2019-08)
No: 2019-08
16 February 2019
Press Release on Reserve Requirements
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, and by 50 basis points for all other liabilities subject to reserve requirements.
Furthermore, the upper limit of the facility of holding standard gold converted from wrought or scrap gold collected from residents has been increased from 5% to 10% of Turkish lira reserve requirements.
Press Release on Reserve Requirements (2019-08)