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Tag: Forex

Turkish central bank hikes FX conversion requirement for banks
Business

Turkish central bank hikes FX conversion requirement for banks

May 18, 2023May 18, 2023

Türkiye’s central financial institution has introduced that lenders will now be mandated to transform 10% of their international foreign money deposits into Turkish lira or

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Forex swap debt T ‘blind spot:’ Global regulator
Business

Forex swap debt $80T ‘blind spot:’ Global regulator

December 24, 2022December 24, 2022

‘Non-bank’ monetary companies, together with pension funds have over $80 trillion in off-balance sheet greenback debt in international change swaps, the central banks of the

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