October 2, 2019 / 7:13 AM / 2 months ago

Turkish central bank opens FX-gold swap tender

ISTANBUL, Oct 2 (Reuters) - The Turkish central bank opened on Wednesday a foreign-exchange gold swap tender with one week maturity, meant to increase banks’ efficiency in liquidity management.

On Tuesday, the central bank said it would open the market and transactions would be conducted by both sellers and buyers via quotation method. (Reporting by Behiye Selin Taner; Editing by Jonathan Spicer)

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