Turkish Central Bank raises swap auction limit

The Turkish Central Bank on Nov. 26 increased its lira swap sale limits from 50 percent to 60 percent.

Anadolu Agency

The Turkish Central Bank on Nov. 26 increased its lira swap sale limits from 50 percent to 60 percent.

The bank raised the swap auctions limit in the Turkish Lira Swap Market for Foreign Exchange. 

Previously, the bank had increased the limit from 40 percent to 50 percent in May. The limit has been increasing gradually since last April from 20 percent.

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