01.07.2026 01:40
The Central Bank completely abolished the additional 2.5% Turkish lira reserve requirement practice applied to foreign currency deposits to strengthen macrofinancial stability. As part of simplification steps, the bank raised the reserve requirement ratios for foreign currency deposits from 30% to 32% for demand deposits and increased the rate to 28% for long-term accounts.
The Central Bank of the Republic of Turkiye (CBRT) has taken new steps toward simplification to strengthen macrofinancial stability and support the effectiveness of the monetary transmission mechanism.
ADDITIONAL RESERVE REQUIREMENT PRACTICE IN TURKISH LIRA TERMINATED
According to a statement on the CBRT's website, the Bank has terminated the practice of imposing additional reserve requirements in Turkish lira for foreign currency deposit/participation funds, which was introduced in 2023 and currently applied at a rate of 2.5 percent.
Reserve requirement ratios for foreign currency deposit/participation funds were increased from 30 percent to 32 percent for demand and up to 1-month maturity accounts, and from 26 percent to 28 percent for longer-term accounts.
It was stated that the new reserve requirements will be established on July 17.