IDEAS home Printed from https://ideas.repec.org/a/acc/malfin/v27y2012i96p35-65.html
   My bibliography  Save this article

Foreign Currency Transactions in the Turkish Banking Sector

Author

Listed:
  • Hüseyin Selimler

    (T.C. Ziraat Bankası A.Ş.)

  • Süleyman Kale

    (T.C. Ziraat Bankası A.Ş.)

Abstract

Banks pay special attention to foreign exchange transactions as being the source of revenue and foreign exchange risk. FX denominated asset and liability items took considerable share in balance sheet during 2006-2011 period. International opennes, contagion possibility of financial crisis, flactuations and crisis in European countries require to emphasize more on such accounts and transactions. Turkish banking sectors had frequently carried open position in the past, but recently open-position of balance sheet is protected with off-balace sheet transactions, and the net position is preserved within legal limits. Experiences gained during crisis together with awareness, regulations about foreign exhange positions and improved risk management applications may be assumed as the factors that decreased the foreign exhange risk exposure of the banking sector.

Suggested Citation

  • Hüseyin Selimler & Süleyman Kale, 2012. "Foreign Currency Transactions in the Turkish Banking Sector," Journal of Finance Letters (Maliye ve Finans Yazıları), Maliye ve Finans Yazıları Yayıncılık Ltd. Şti., vol. 27(96), pages 35-65, July.
    • Handle: RePEc:acc:malfin:v:27:y:2012:i:96:p:35-65
    as

    Download full text from publisher

    File URL: https://dergipark.org.tr/tr/download/article-file/150722
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:acc:malfin:v:27:y:2012:i:96:p:35-65. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Süleyman Kale (email available below). General contact details of provider: https://dergipark.org.tr/en/pub/mfy .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.