turkish central bank

Latest news and articles about turkish central bank from NEX English

Turkish Central Bank Sells Gold to Support Liquidity Amid Crisis

The Governor of the Turkish Central Bank, <strong>Fatih Karahasan</strong>, stated that selling part of the gold reserves to support liquidity is a 'natural option' during crises. This follows the sale of <strong>$8 billion</strong> in gold to protect the Turkish lira.

Turkish Central Bank Achieves $45 Billion in Foreign Currency Sales

Turkish bankers revealed that the central bank's budget for this week will show foreign currency sales reaching approximately <strong>$20 billion</strong>, raising the total sales to <strong>$45 billion</strong>. These figures reflect the ongoing efforts of the central bank to support the Turkish lira and enhance the stability of the national economy amidst current challenges.