Wednesday, Jun 19

Turkey's Central Bank raises swap sale limits

Lenders’ limits will be 30 percent of their pre-determined Foreign Exchange and Banknotes Market transaction limit.
28.03.2019 - 13:36

Turkey's Central Bank on Thursday increased the transaction limit of total swap sales which have not matured in the Turkish lira currency swap market.

THE MOVE AIMS TO BOLSTER RESERVES

Lenders’ limits will be 30 percent of their pre-determined Foreign Exchange and Banknotes Market transaction limits, up from 20 percent for non-matured transactions, according to a statement from the Central Bank.

On Monday, the limit was raised to 20 percent from 10 percent.

Turkey's Central Bank raises swap sale limits

Lenders’ limits will be 30 percent of their pre-determined Foreign Exchange and Banknotes Market transaction limit

Murat Birinci   |28.03.2019
Turkey's Central Bank raises swap sale limits

ANKARA

Turkey's Central Bank on Thursday increased the transaction limit of total swap sales which have not matured in the Turkish lira currency swap market.

Lenders’ limits will be 30 percent of their pre-determined Foreign Exchange and Banknotes Market transaction limits, up from 20 percent for non-matured transactions, according to a statement from the Central Bank.

On Monday, the limit was raised to 20 percent from 10 percent.