UPDATE 1-Turkish central bank adjusts gold limits in lira reserve requirements

trendekonomi 0 Mart 24, 2023 3:50 pm

ISTANBUL, Jan 18 (Reuters) - The Turkish central bank said on Saturday it had decreased the upper limit of holding standard gold to 20% 30% of lira r

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ISTANBUL, Jan 18 (Reuters) – The Turkish central bank said on Saturday it had decreased the upper limit of holding standard gold to 20% 30% of lira reserve requirements in a move to support financial stability and bring out gold savings into the economy.

By decreasing the limit, $1.7 billion equivalent of liquidity in terms of gold will be pr […]