Turkey: Interest on foreign reserves

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Turkey: Interest on foreign reserves

May 20 2015

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

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TurkeyIFLR MagazineJune 2015
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