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    Home»Economy»New steps to support TL have been delegated
    Economy

    New steps to support TL have been delegated

    May 3, 20252 Mins Read
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    New steps to support TL have been delegated

    The Central Bank of the Republic of Türkiye (CBRT) took place to support the transition to Lira Türkiye.

    The Central Bank of the Republic of Türkiye (CBRT) claims that changes have been made within the framework of Macroichtharia to support the transition to Lira Türkiye.

    Accordingly, the necessary supply rate for foreign currency deposits has been increased by 200 basic points in all terms.

    For funds provided by the future repo transactions for up to 1 year with domestic residents, the required ratio has been increased by 400 basic points and the calculation method has been changed. Legal people deposit equity less than 60 percent of banks, the monthly ratio of the monthly increase target has been given.

    It has been decided to pay interest or compensate 86 percent instead of 84 percent of the average sponsorship cost of CBRT for the necessary terms set for TL deposits.

    Applied is 35 percent

    According to the decision of the Ministry of Finance and Finance, with the amendment made in the export circular, people have decided to apply the minimum sales rate to the Central Bank of the Republic of Türkiye (CBRT) until July 31, 2025.

    Foreign exchange support has been raised

    The rate of support for foreign exchange conversion provided within the application of foreign currencies for export fees for TL has increased to 3 % until July 31, 2025.

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