Turkey: Interest on foreign reserves

In its recent press release of May 2 2015, the Central Bank of Republic of Turkey (CBRT) changed its policy of not paying any interest on foreign exchange denominated reserves, which was previously adopted with the Communiqué on the Amendment to the Communiqué on Reserve Requirements

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree