The BRSA increased the upper limit for the share of banks’ net foreign exchange position in their own resources from 5% to 10%.
According to the Banking Regulation and Supervision Agency (BRSA) statement, the Banking Regulation and Supervision Agency, within the scope of its decision dated today, the absolute value of the banks was decided to increase the FX net general position/equity standard ratio, which was previously determined as a maximum of 5%, and the FX net general position/equity standard ratio, which is calculated on the basis of the consolidated financial statements, to 10%.
In December, the BRSA had lowered the upper limit for the share of banks’ net foreign exchange position in their own funds from 20% to 5%.
Source: Trthaber / Prepared by Irem Yildiz
