BİZE ULAŞIN
- Central Bank of Turkey will provide total 2.8 billion-dollar forex liquidity in March, in two weeks time, according to a statement released on Tuesday.
"As of March 13, foreign exchange liquidity of approximately 1.5 billion dollars will be provided to the system via adjustments in the reserve option coefficients" Central Bank said in the statement.
The Central Bank would also provide approximately 1.3 billion dollars on March 27, by adding the amount to Central Bank reserves via measured increases in reserve requirement ratios for the non-core short-term FX liabilities, Central Bank said.
"Thereby, FX liquidity for the banking system together with incentives for longer term borrowing will be provided" Central Bank of Turkey added.
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