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The Central Bank of Turkey decides to pay a return in lira on the mandatory reserves held by banks and finance companies in exchange for their liabilities that are not related to deposits and are denominated in lira and foreign currencies.

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CNBC Arabia · · Source

🇹🇷 Turkey · Map

The Central Bank of Turkey decides to pay a return in lira on the mandatory reserves held by banks and finance companies in exchange for their liabilities that are not related to deposits and are denominated in lira and foreign currencies.

The Central Bank of Turkey decides to pay a return in lira on the mandatory reserves held by banks and finance companies in exchange for their liabilities that are not related to deposits and are denominated in lira and foreign currencies.

The bank stated that these obligations must be due in more than one year.

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