Turkish Central Bank Tightens Screws on Cheap Lira Window Abroad
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Banks May Raise Interest Rates: Tightening Step From the Central Bank
The Central Bank increased the reserve requirement for short-term borrowing from abroad in TL. This tightening move made it more difficult for banks to borrow from abroad in the short term, while also bringing the risk of increasing interest rates on loans.
·Ankara, Türkiye
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