August 13, 2018 / 5:37 AM / 6 days ago

Turkish central bank says will provide liquidity as neeeded

ANKARA (Reuters) - Turkey’s central bank will provide all the liquidity needed by banks and closely monitor markets and prices to take all necessary measures to maintain financial stability, the bank said on Monday.

FILE PHOTO: Logo of Turkey's Central Bank (TCMB) is pictured at the entrance of the bank's headquarters in Ankara, Turkey April 19, 2015. REUTERS/Umit Bektas/File Photo

The bank’s statement came after Finance Minister Berat Albayrak said Turkey would start implementing an economic action plan on Monday following sharp falls in the lira.

Reporting by Daren Butler; Writing by Tuvan Gumrukcu; Editing by Dominic Evans

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