© Reuters. FILE PHOTO: A U.S. one greenback banknote is seen via a magnifying lens on prime of Turkish lira banknotes on this illustration taken in Istanbul, Turkey November 23, 2021. REUTERS/Murad Sezer/Illustration/File Photograph
ISTANBUL (Reuters) – Turkey’s BDDK banking watchdog has set the international forex web place to straightforward capital ratio for banks at a most 5% in line with a regulation revealed within the nation’s official gazette on Saturday.
The modification takes impact on January 9, it mentioned.
The regulation was final amended in 2014 when it was set at a most of 20%, the Anadolu state information company reported.