TCMB - Press Release on Reserve Requirements (2019-22)
Central bank: tcmb | Type: decision | Date: 2019-05-27

Press Release on Reserve Requirements (2019-22)
No: 2019-22
27 May 2019
Press Release on Reserve Requirements
Reserve requirement ratios for FX deposits/participation funds have been increased by 200 basis points for all maturity brackets to support financial stability.
As a result of this, 4,2 billion USD of FX liquidity will be withdrawn from the market.
Press Release on Reserve Requirements (2019-22)