TCMB - Press Release on Foreign Exchange Selling Auctions  - 27/02/2015, (2015-14)
Central bank: tcmb | Type: decision | Date: 2015-02-27

Press Release on Foreign Exchange Selling Auctions - 27/02/2015, (2015-14)
No: 2015-14
27 February 2015
Press Release on Foreign Exchange Selling Auctions
The amount of foreign exchange selling auctions will be set on a daily basis depending on the conditions in the foreign exchange market starting from 27 February 2015.
1)    The minimum amount of the auction for the following day will be announced by CBT at 17.20 through Reuters CBTQ, Bloomberg CBT/ Foreign Exchange Auctions and Anadolu Agency DV007 pages.
2)    On days when deemed necessary due to excessive volatility, the FX selling auction amount will be increased up to 50 percent above the pre-announced minimum amount. The auction amount will be announced as usual at 16.30 local time on the same pages.
Tel No: +90 312 507 5656
Press Release on Foreign Exchange Selling Auctions - 27/02/2015, (2015-14)