ANKARA, Dec 28 (Reuters) - The Turkish central bank said on Saturday it increased reserve requirement ratios for foreign exchange deposits by 200 basis points for all maturity brackets to support financial stability.
“As a result of these revisions, approximately $2.9 billion of forex liquidity will be withdrawn from the market,” it said in a statement.
The revised ratios will be effective immediately, it said. (Writing by Ece Toksabay Editing by Robert Birsel)
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