OREANDA-NEWS. The Turkish central bank said on Tuesday it was adjusting its reserve option coefficients to meet the temporary foreign exchange liquidity needs of the financial sector in a move that could release some \$1.5 billion from its reserves.

In a second step, the bank also said it was increasing some forex reserve requirement ratios in a step expected to boost central bank reserves by some \$1.3 billion.

As a result the effective reserve requirement ratio for forex would rise to 13.1 percent from 12.7 percent currently.