International Journal of Science and Research (IJSR)

International Journal of Science and Research (IJSR)
Since Year 2012 | Open Access | Fully Refereed | Peer Reviewed

ISSN: 2319-7064




Downloads: 2

Masters Thesis | Economics | Turkey | Volume 11 Issue 2, February 2022


Reserve Option Mechanism from Monetary Policy Instruments Being Implemented in Turkey

Burhan DOGAN | Yasin ALTIN


Abstract: Short-term capital volatility is of particular importance for countries that has current account deficit. The volatiles short-term capital flows that contribute to finance the current account deficit caused financial fragilities. Developing countries, together with the increase in risk appetite after all the world under the influence of global financial crisis beginning in the US in the last months of 2008, faced with speculative capital movements.In this context, CBRT began looking for a new monetary policy tools to take control of volatile capital flows, to increase the economy's strength, to external financial shocks and to respond quickly to this shocks in solving these problems, CBRT has built two own policy tools. They are the Interest Rate Corridor and Reserve Option Mechanism (ROM). In this study, present monetary policy instruments are introduced, reserve requirements application and ROM are examined in detail and their place and importance and effects are discussed.


Keywords: Central Bank of the Republic of Turkey, CBRT, Reserve Requirements, Reserve Option Mechanism, ROM, The Interest Rate Corridor


Edition: Volume 11 Issue 2, February 2022,


Pages: 991 - 1000

Reserve Option Mechanism from Monetary Policy Instruments Being Implemented in Turkey


How to Cite this Article?

Burhan DOGAN, Yasin ALTIN, "Reserve Option Mechanism from Monetary Policy Instruments Being Implemented in Turkey", International Journal of Science and Research (IJSR), https://www.ijsr.net/get_abstract.php?paper_id=SR22217020330, Volume 11 Issue 2, February 2022, 991 - 1000, #ijsrnet

How to Share this Article?

Enter Your Email Address




Similar Articles with Keyword 'ROM'

Downloads: 118 | Monthly Hits: ⮙2

Research Paper, Economics, India, Volume 9 Issue 6, June 2020

Pages: 1176 - 1179

An Economics Analysis of Rose Production System in Pushkar Sub-Tehsil of Ajmer

Dr. Gayatri Tanwar [2]

Share this Article

Downloads: 115

Research Paper, Economics, Nigeria, Volume 3 Issue 11, November 2014

Pages: 1739 - 1741

Determinants of Income from Small Scale Cassava Processing Activities in Ogo Oluwa Local Government Area, Ogbomoso of Oyo State

Adio M. O. [2] | Ajetunmobi O. A [2]

Share this Article


Top