CBRT cuts reserve requirements, but stresses tight stance

Murat Çetinkaya
Murat Çetinkaya: “tight” monetary policy stance “will be maintained”
CBRT

The Central Bank of the Republic of Turkey (CBRT) cut reserve requirements on February 16, but governor Murat Çetinkaya stressed such moves should not be interpreted as a relaxation of monetary policy.

In a short statement, the central bank said it had cut the reserve requirement ratio by 100 basis points for deposits and “participation funds” with maturities up to a year, and for other liabilities with maturities up to three years. All other requirements were reduced by 50bp.

Muhammet Mercan

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: