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اردو

Jan 19, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Business & Finance

Turkish central bank will not use interest rate corridor or sell forex

The central bank's Twitter account quoted him as saying the bank will not buy or sell forex to determine an exchange rate.

Reuters Published December 25, 2020 Updated December 26, 2020

ANKARA: Turkey's central bank will not use its late liquidity window rate or an interest rate corridor as a replacement for its main policy tool in 2021, Governor Naci Agbal was quoted as saying by state-owned Anadolu news agency.

Agbal was speaking at a parliamentary commission.

The central bank's Twitter account quoted him as saying the bank will not buy or sell forex to determine an exchange rate.

He added that the bank will aim to increase its forex reserves in a transparent way.

Turkish central bank Twitter forex Naci Agbal

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Currency	Rate
USD PKR Interbank Selling / Jan 17	278.75
USD PKR Interbank Buying / Jan 17	278.65
USD to Japanese Yen / Jan 17	156.30
USD to Swiss Franc / Jan 17	0.92
Pound Sterling to USD / Jan 17	1.22
Euro to USD / Jan 17	1.03

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S&P 500 / Jan 17	5,996.66
India Sensex / Jan 17	76,619.33
Tokyo Nikkei / Jan 17	38,451.46
Nasdaq / Jan 17	19,630.20
Hang Seng / Jan 17	19,584.06
FTSE 100 / Jan 17	8,505.22
Dow Jones / Jan 17	43,487.83
Germany DAX 30 / Jan 17	20,903.39

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Crude Oil USD/Barrel / Jan 17	78.88
Karachi Cotton PKR/37.32 KG / Jan 17	18,785
Gold 10 Grams PKR / Jan 17	242,283
Gold Spot USD/Ounce / Jan 17	2,703.25
Cotton US¢/pound / Jan 17	67.60
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