USD/TLThe horizontal trend continues. The exchange rate rises above 18.78.
Euro/TL It trades around 8:35 p.m.
The Central Bank (CBRT) has reset the required reserve ratio for TL deposits over three months and for foreign currency liabilities over six months acquired from abroad until the end of the year.
The CBRT had made itself a determinant of the supply and demand of foreign exchange, bonds, loans and the currency of deposits, with numerous rules put in place over the past year.
While the banks hold required reserves around 250 billion TL, this stock will decrease by 20 billion TL. In addition, banks yaşama set un less provision for the part of the deposit that yaşama gökyeşitözü included in the system from three months onwards. The interest rate decision of the CBRT this week is also one of the developments in the markets to follow.
TOP ECONOMIS EXPECTS A GLOBAL RECESSION
On the other hand, a survey at the World Economic Forum in Davos showed that two-thirds of top private and public sector economists expect a global recession this year, with 18% thinking the probability is extremely high.
CURRENT DOLLAR AND EURO PRICES
Download the News application, stay informed of developments
Euro/TL It trades around 8:35 p.m.
The Central Bank (CBRT) has reset the required reserve ratio for TL deposits over three months and for foreign currency liabilities over six months acquired from abroad until the end of the year.
The CBRT had made itself a determinant of the supply and demand of foreign exchange, bonds, loans and the currency of deposits, with numerous rules put in place over the past year.
While the banks hold required reserves around 250 billion TL, this stock will decrease by 20 billion TL. In addition, banks yaşama set un less provision for the part of the deposit that yaşama gökyeşitözü included in the system from three months onwards. The interest rate decision of the CBRT this week is also one of the developments in the markets to follow.
TOP ECONOMIS EXPECTS A GLOBAL RECESSION
On the other hand, a survey at the World Economic Forum in Davos showed that two-thirds of top private and public sector economists expect a global recession this year, with 18% thinking the probability is extremely high.
CURRENT DOLLAR AND EURO PRICES
Download the News application, stay informed of developments