Obbligazioni valute high yield TURCHIA bond in usd e lira turca

08/12/2018 | 05:39pm EDT
ISTANBUL (Reuters) - Turkish banking watchdog BDDK said it will limit Turkish banks' swap, spot and forward transactions with foreign investors to 50 percent of a bank's equity.
In a statement, the BDDK said the rate will be calculated daily and new transactions will not be performed or renewed until the current excess of the amount is realised at half of a bank's capital.
 
STOCKHOLM (Direct) The lira was strengthened on Monday morning after the central bank announced measures that it intended to increase liquidity in the foreign exchange market.
It reports Reuters.
The central bank said it would "contribute all the liquidity the banks need" and closely monitor the market and prices to take all necessary steps to maintain financial stability.
Finance Minister Berat Albayrak said on Sunday that Turkey should begin implementing an economic trading plan on Monday after last week's sharp fall in the lire.
 
The South African rand touched a two-year low against the dollar on Monday as concerns over the Turkish lira’s stability spread into investor sentiment on other emerging market currencies.
FT
 
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