Turkey: Central bank to use all tools for financial stability

By Tuba Sahin</p> <p>ANKARA (AA) – Turkish Central Bank said on Monday that it will use all monetary policy and liquidity management instruments to maintain price stability and support financial stability, if need be.</p> <p>Turkey's macroeconomic indicators show that rebalancing process continues thanks to coordinated policy steps, according to a statement from the bank.</p> <p>&quot;The Central Bank is decisive about its policy towards reinforcing its reserves,&quot; the bank said. </p> <p>Recent fluctuations in gross reserves are driven by ordinary transactions and periodic factors, there are no unforeseen incidences, the statement read.