Credit: REUTERS/UMIT BEKTASANKARA, May 27 (Reuters) - Turkey's central bank increased the reserve requirement ratios for forex deposits and participation funds by 200 basis points for all maturity brackets, in a move to support financial stability, it said on Monday.
The bank said the measure, which gave a bit of support to the Turkish lira, would withdraw $4.2 billion of forex liquidity from the market.
(Reporting by Tuvan Gumrukcu and Ece Toksabay; editing by Jonathan Spicer)
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