Regulation, Risk & Compliance
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Turkish Central Bank provides dollar liquidity in reserve requirements move
The Central Bank said on Nov. 6 that 5.3 billion Turkish Liras ($1.37 billion) of lira liquidity will be withdrawn from the market and $1.4 billion of dollar liquidity will be provided to banks, under a change in reserve requirements. The move came after markets “witnessed unsound price formations that…
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Click here to read the full story: Hurriyet Daily News