Posted 29.07.2010 13:39:45 UTC
Updated 29.07.2010 13:39:45 UTC
Required reserve ratios were determined as 5% in Turkish Liras and 10% in foreign currency. Banks have to keep a part of their deposits in a central bank account.
And the bank occasionally fixes the rate according to the potential risk in the markets. The notification announcing the fresh rates has taken effect.