Media: Turkish central bank sold record volume of foreign currency after Lira falls

Finance
  • 19 March, 2025
  • 15:35
Media: Turkish central bank sold record volume of foreign currency after Lira falls

Türkiye's central bank sold a record amount of foreign currency on March 19 after the lira fell by more than 12%, according to three bankers, Report informs via Reuters.

According to their data, the central bank sold at least $5 billion on March 19, but some estimates indicate that the total sales could reach $10 billion.

It is noted that the collapse of the Turkish national currency occurred against the backdrop of the detention of Istanbul Mayor Ekrem Imamoglu.

44 - Tezliklə