Announcement
27 May 2019
On 27 May 2019, the Turkish Central Bank (CBRT) increased reserve requirements on foreign exchange deposits and participation funds to support financial stability.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
27 May 2019
Revocation date:
No revocation date
Updated: 27 May 2019
Controls on commercial transactions and investment instruments
In force
On 27 May 2019, the Turkish Central Bank (CBRT) increased the reserve requirement on foreign exchange deposits and participation funds by 200 basis points for all maturity brackets.
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