The amendments made to the CBRT Circular on the Decree No. 32 on the Protection of the Value of Turkish Currency and the Communiqué No. 2008-32/34 of the Ministry of Treasury and Finance entered into force after being published in today's issue of the Official Gazette.
In the changes made, South Korean won was added to the foreign currencies traded by the CBRT. Thus, the number of currencies in the CBRT's foreign exchange table has increased to 20.
Last week, a swap agreement of 17.5 billion lira (2.3 trillion South Korean won) was signed between the CBRT and the Central Bank of South Korea, and it was reported that the agreement would last for 3 years.
Currencies traded by the Central Bank are as follows:
"US dollar, Australian dollar, Danish krone, Euro, British pound, Swiss franc, Swedish krona, Canadian dollar, Kuwaiti dinar, Norwegian krone, Saudi riyal, Japanese yen, Bulgarian lev, Romanian leu, Russian ruble, Iranian rial, Chinese yuan, Pakistani rupee, Qatari rial and South Korean won."
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