Finance

BRSA raises the foreign exchange position limit of banks

The Banking Regulation and Supervision Agency (BRSA) increased the upper limit of the share of banks’ net foreign exchange position in their own resources from 5 percent to 10 percent.

According to the BRSA statement, within the scope of the decision dated today, the Banking Regulation and Supervision Agency, the FX net general position/equity standard ratio of banks, the absolute value of which was previously determined as maximum 5 percent, and the FX net general position/equity calculated on the basis of the consolidated financial statements. decided to increase the standard rate to 10 percent.

In December, the BRSA had lowered the upper limit for the share of banks’ net foreign exchange position in their own funds from 20 percent to 5 percent.

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