• Home
  • Login
  • Register
Currency Insider
  • Home
  • Reading Library
  • CBDC Think Tank
SUBSCRIBE
No Result
View All Result
Currency Insider
  • Home
  • Reading Library
  • CBDC Think Tank
Currency Insider
No Result
View All Result

Turkish Central Bank zeros open market liquidity limits

by CBDC Insider Staff
August 11, 2020
in Business, Europe
Reading Time: 1min read
0
Turkish Central Bank zeros open market liquidity limits
Share on FacebookShare on Twitter

RELATED STORIES

Russia’s Gazprombank Recommends Slow CBDC Rollout Fearing Loss of Income

Russia’s Gazprombank Recommends Slow CBDC Rollout Fearing Loss of Income

February 8, 2023
E-Rupee to be Piloted by 5 More Banks in 9 More Cities Soon

E-Rupee to be Piloted by 5 More Banks in 9 More Cities Soon

February 8, 2023

The Turkish Central Bank will reduce to zero liquidity limits offered to primary dealers as part of open market operations, it announced on Tuesday.
The decision will be effective as of this Wednesday, the bank said in a statement
Enver Erkan, an economist at private investment firm Tera Yatirim, said tightening liquidity conditions will reduce the supply of cheap funding.
“We expect Turkish lira-weighted average interest rates will surpass the bank’s policy rate (8.25%) and hit 9.75%,” Erkan said, adding that “the move can be seen as a covert rate hike.”

Continue read: https://www.aa.com.tr/en/economy/turkish-central-bank-zeros-open-market-liquidity-limits/1937894

Previous Post

Indian Central Bank An Outlier In Skipping Inflation Forecasts

Next Post

Indonesia retail sales contract in June but slower, central bank says

Next Post
Indonesia retail sales contract in June but slower, central bank says

Indonesia retail sales contract in June but slower, central bank says

© 2022 CBDC Insider

No Result
View All Result
  • Home
  • Map
  • Reading Library
  • CBDC Think Tank
  • Partners
    • DEA
  • Login
  • Register