Covid-19
Turkey’s central bank adds to emergency measures
New measures amount to ‘Turkish QE’, says an analyst
31 March 2020 - 19:24
Ankara — Turkey’s central bank on Tuesday added to its emergency programme to help contain the economic fallout from the coronavirus outbreak with new measures to ease lenders’ access to credit and support liquidity in the government bond market.
Policymakers said they could make the bulk of planned purchases of government-issued bonds in a “front-loaded manner” and the programme’s “limits may be revised depending on market conditions”...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.