Latest news and articles about turkish lira from NEX English
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 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.