Home Turkish central bank skips opening 1-week repo auction

Turkish central bank skips opening 1-week repo auction

Published date: 13 Aug. 2018 | 10:38

The Central Bank of the Republic of Turkey (CBRT), the Turkish central bank, announced last minutes that it skipped one-week repo auction to offer the Lira.

The benchmark rate for the auction is supposed to be at 17.75%.

Also Read:

Turkish central bank steps up intervention measures, cuts Lira required reserves for all maturities

Turkish central bank: Will continue to monitor markets, take all necessary measures

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