Press Release on Foreign Exchange Deposit Interest Rates - 24/07/2015, (2015-45)

No:2015-45

24 July 2015

Press Release on Foreign Exchange Deposit Interest Rates

1)    Due to recent global and local developments, USD deposit rate at one week maturity has been reduced from 3.5 percent to 3 percent. 

2)    The new rate will be effective from July 27, 2015.  At this rate banking sector will be able to borrow from the Central Bank at one week maturity. 

3)    When deemed necessary, without any need for a press release these rates for the USD and EUR will be adjusted in either direction at 9:30 a.m. on business days, and will be valid for the same business day. The rates will be announced through Anadolu Agency DV006, Reuters CBTJ and Bloomberg CBT pages.

Contact:
For further information, please contact Press Secretary Yücel Yazar
Tel No: +90 (312) 507 56 56