turkish lira deposits
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Turkiye: Central Bank lowers required reserves for FX-protected accounts
The Central Bank has changed reserve requirement ratios in a move that aims to encourage shift to Turkish Lira deposits.…
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Turkiye: Short-term external debt at $172 billion
Türkiye’s short-term external debt stock increased by 15.3 percent from the end of 2020 to stand at $171.9 billion as…
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Turkiye unveils fresh step to roll back FX-protected lira scheme
The interest rate on Turkish lira deposits safeguarded from foreign exchange depreciation can be below the central bank’s policy rate,…
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Decision from the CBRT regarding the credit card maximum interest rate
The Central Bank of the Republic of Turkiye announced that there will be no changes in credit card maximum interest…
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Turkiye’s external assets at $304 billion
Türkiye’s external assets stood at $304 billion in September, declining by 1.4 percent compared with the end of 2022, the…
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Central Bank announces more steps to boost lira deposits
The bank last month started to roll back the FX-protected deposit accounts scheme, ending an implementation that previously stipulated a…
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CBRT changes required reserve ratios for Turkish lira deposits
In order to encourage the prolongation of the maturity of Turkish lira deposits, it was decided to set the required…
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