The Central Bank of Turkey lowers the required reserve ratio for lira statutory deposits in frozen accounts.

The Central Bank of Turkey announced a reduction in the required reserve ratio for Turkish lira legal deposits held in frozen accounts. This adjustment falls under the operation category of the Central Bank of Turkey's monetary policy tools. Changes in the statutory reserve ratio typically affect the liquidity of lira in the market, the room for bank lending, and subsequently the lira exchange rate and domestic inflation trends. The market will also continue to monitor the actual impact of this policy once implemented.