Turkish Exporters Expected To Sell More FX To Central Bank
12 apr 2022 ·
53 sec.
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Descrizione
Turkish authorities are considering raising the share of foreign currency revenues that exporters are required to sell to the central bank to as high as 50% from 25% now. Authorities...
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Turkish authorities are considering raising the share of foreign currency revenues that exporters are required to sell to the central bank to as high as 50% from 25% now.
Authorities could decide not to change the level or hike it by any amount to as high as 50%,
The mandate only covers revenues in U.S. dollars or euros.
The government had earlier mandated exporters to sell 25% of their foreign currency revenues to the central bank, which is seeking to bulk up its reserves in the wake of a currency crisis late last year.
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Authorities could decide not to change the level or hike it by any amount to as high as 50%,
The mandate only covers revenues in U.S. dollars or euros.
The government had earlier mandated exporters to sell 25% of their foreign currency revenues to the central bank, which is seeking to bulk up its reserves in the wake of a currency crisis late last year.
Informazioni
| Autore | Africa Business Radio |
| Organizzazione | Africa Business Radio |
| Sito | - |
| Tag |
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