FOREX

Turkish cenbank improves demanded reserves for foreign exchange deposits – Reuters


ANKARA, Dec 28 (Reuters) – The Turkish central bank explained on Saturday it improved reserve prerequisite ratios for overseas exchange deposits by 200 foundation points for all maturity brackets to aid monetary security.

“As a result of these revisions, approximately $2.9 billion of foreign exchange liquidity will be withdrawn from the market place,” it explained in a statement.

The revised ratios will be powerful straight away, it explained. (Writing by Ece Toksabay Editing by Robert Birsel)

Let’s block adverts! (Why?)


Scalping Strategy Course (DVD + Online) - $299.00

In the much anticipated Forex Scalping Strategy Course, Vic and Sarid show you short-term focused techniques and strategies to make quicker profits while reducing market exposure.




Forexmentor Coach's Corner First Month (Online) - $149.00

The Coach's Corner offers 2 live sessions per week, an integrated approach to trading, FREE access to the VicTrade video course and Darko's Pattern Trading Video Lessons.



Resource link

Have your say