Macro Analysis /
Turkey

Turkey: CBT expects TRY 13.9bn and USD 3.4bn rise in required reserves as of October

    EmergingMarketWatch
    15 September 2021
    • RRRs on forex deposits hiked by 200bps, ROM for forex to be terminated on Oct 1
    • CBT forecast implies changes to add USD 3.4bn to CBT's gross international reserves