ISTANBUL (Reuters) – Turkey tightened lending rules for many companies with more than $500,000 in foreign currency cash on Friday, sweeping up more borrowers under rules adopted in June in …
Topic:
fx-rich
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ISTANBUL – Turkey’s BDDK banking watchdog on Thursday eased some of the regulations that restricted FX-rich companies from obtaining Turkish lira loans. A decision published on the BDDK’s website showed …
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ISTANBUL -Turkey on Friday restricted lending to many companies with more than $1 million in foreign currency cash, the latest step to reverse a tumbling foreign-exchange rate by squeezing banks …