Turkish cbank meets asset targets under IMF plan

The Central Bank of Turkey on Feb 1 said it has comfortably achieved the net domestic assets target (NDA), and net international reserve levels it committed to under its anti-inflation program agreed with the International Monetary Fund. The bank said in a statement that the NDA item of its balance sheet was at an average negative 316.3 trillion lira ($1=TRL673,000) in the last five work days of January 2001, lower than the promised target of "below TRL900 trillion."

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