Turkey Government Studies Easing Access to Offshore Lira
- Officials in talks to plan loosening of offshore swap limits
- Relaxing rules seen as accelerating foreign inflows to Turkey
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Turkish officials have been holding talks in recent weeks about easing restrictions on offshore currency swaps, according to people with knowledge of the conversations, a move that would meet a key demand from foreign investors interested in entering the market.
The details of when and how such easing could take place have yet to be determined and officials are likely to take steps gradually, the people said, asking not to be named because the discussions are private.