Rediscount Limit Set to Increase Further after 10-Fold Rise in July
Title: Turkish Central Bank President Erkan Plans to Further Increase Rediscount Limit
The President of the Central Bank of the Republic of Turkey (CBRT), Erkan, has announced plans to further increase the rediscount limit, which was raised by 10 times to 3 billion liras in July. He stated that the efforts to raise the limit even further are ongoing.
The news was reported by a source from AA and was published on December 8, 2023, at 09:32 am, with the last update at 09:34 am.
Erkan’s statement was made during a recent announcement, where he said, “We will further increase the rediscount limit, which we increased 10 times to 3 billion liras in July, and our work continues.”
The news is set to be updated with more details soon.
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