- Analytics
- News and Tools
- Market News
- Turkish central bank to offer unlimited liquidity
Turkish central bank to offer unlimited liquidity
"The Central Bank will provide banks with needed liquidity without limits," the CB said on its website. "The commission rate for the Intraday Liquidity Facility will be zero. "The CB said that banks would be allowed to place foreign exchange deposit as collateral without limits for needed Turkish lira liquidity. The move came after the dollar rose against the lira to its highest level in recent months on Friday night after the attempted coup, with the dollar reaching 3.05 Turkish liras, an increase of 5 percent. The bank emphasized that all measures would be taken to ensure financial stability "if deemed necessary.""Market depth and prices will be closely monitored," the bank said. The Central Bank added that it would increase the daily foreign exchange auction from the current $50 million if needed.
© 2000-2026. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
