Turkey Exits Crisis-Era FX-Protected Lira Deposit Scheme
Turkey officially ended a deposit instrument introduced in December 2021 aimed at supporting the lira during a previous currency crisis.…
Tag: Lira
Turkey Boosts Reserve Rules on Some Deposits to Support Lira
Turkey raised the amount of cash lenders must park with the central bank against some deposits, as part of measures…
Turkish Central Bank Tightens Screws on Cheap Lira Window Abroad
Turkey’s central bank raised the reserve requirement ratios on banks’ short term liabilities abroad in a bid to discourage local…