Turkish central bank opens forex for gold swaps current market – Reuters

ISTANBUL, Oct one (Reuters) – Turkey’s central bank explained on Tuesday it has opened a overseas-trade gold swap current market aimed at raising banks’ efficiency in liquidity management.

The transactions will be executed by equally offer and acquire sides by means of quotation strategy, the bank explained, introducing that functions will start off on Oct. two. (Reporting by Ezgi Erkoyun Creating by Ali Kucukgocmen Modifying by Jonathan Spicer)

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