TCMB - Press Release on Market Developments - 10/01/2017, (2017-01)
Central bank: tcmb | Type: decision | Date: 2017-01-10

Press Release on Market Developments - 10/01/2017, (2017-01)
No: 2017-01
10 January 2017
Press Release on Market Developments
Banks’ borrowing limits at the Interbank Money Market established within the CBRT have been lowered to TL 22 billion to be effective as of 11 January 2017.
Moreover, foreign exchange reserve requirement ratios have been reduced by 50 basis points for all maturity brackets. With this revision, an additional liquidity of approximately USD 1.5 billion will be provided to the financial system.
Developments in markets are monitored closely and if deemed necessary, additional steps may be taken in order to maintain price stability and financial stability.
Phone: 0 (312) 507 56 56
Press Release on Market Developments - 10/01/2017, (2017-01)