Turkish CB increases reserve requirement

The new requirement will be effective as of April 30.

Turkish CB increases reserve requirement

 

Turkish Central Bank increased the reserve requirement for foreign currencies from 9 to 9.5 percent.

According to Monday's Official Gazette, the new requirement will be effective as of April 30.

The Central Bank did not change the reserve requirement for Turkish currency which stands at 5 percent.

SHARE OF FOREIGNERS IN ISTANBUL STOCK EXCHANGE DOWN 

Share of foreign investors in the Istanbul Stock Exchange (ISE) has decreased to 66.35 percent.

Central Registry Institution figures revealed that as of April 22, foreign investors owned 53.62 percent of the shares transacted at the ISE with the total market value reaching 66.35 percent.

The number of shares owned by foreign investors is 15,359,667,975 with a total value of 93.4 billion TL. (1 USD = 1.48 TL)

AA
 

Last Mod: 26 Nisan 2010, 14:49
Add Comment