The Central Bank of Turkey Directly Intervened in the Foreign Exchange Market

After increasing the dollar to 14 TL and the euro to 15 TL Turkey’s Central Bank intervened in foreign exchange… In the statement made by the CBRT, Due to the unhealthy price formations in the exchange rates, direct intervention is made in the direction of selling the market. It is made available to the public. it was said.

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The Central Bank of Turkey Directly Intervene in the Foreign Exchange Market - /10

Summary

After the dollar rise to  14 TL and the euro to  15 TL, the Central Bank of Turkey directly intervene in the foreign exchange market.

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