Turkey held talks with U.S. on possible Fed swap line: Turkish officials

spike

ANKARA (Reuters) – Turkey has held talks with the United States about possibly securing a swap line from the U.S. Federal Reserve and has discussed other funding options to mitigate fallout from the coronavirus outbreak, Turkish officials said on Friday.

FILE PHOTO: The Federal Reserve Board building on Constitution Avenue is pictured in Washington, U.S., March 27, 2019. REUTERS/Brendan McDermid

While Ankara is keen to secure funding from the U.S. central bank if possible, the officials said Turkey was not considering pursuing a deal with the IMF, given what they described as negative domestic perceptions of working with the Fund.

Read More

Turkey held talks with U.S. over possible Fed swap line: Turkish officials

spike

ANKARA (Reuters) – Turkey has held talks with the United States about possibly securing a swap line from the Federal Reserve and has discussed other funding options to mitigate fallout from the coronavirus outbreak, Turkish officials said on Friday.

FILE PHOTO: The Federal Reserve Board building on Constitution Avenue is pictured in Washington, U.S., March 27, 2019. REUTERS/Brendan McDermid

While Ankara is keen to secure funding from the U.S. central bank if possible, the officials said Turkey is not at the same time considering pursuing a deal with the IMF given what they called negative domestic perceptions of working with

Read More