The Central Bank of the Republic of Turkey announced the gigantic dimensions of the fourth intervention in the market on 13 December. According to the statement, on December 13, when the dollar broke a new record by seeing 14.66, 3.12 billion dollars were sold to the market.
The Central Bank of the Republic of Turkey had directly intervened in the market and sold dollars against the dollar, which was trying to exceed the 14 TL threshold, in December. 5 times in total in 17 days After the direct interventions, the Central Bank continues to explain the dimensions of the interventions.
The Central Bank, which announced the size of the intervention on December 1 as $844 million, $504 million on December 3 and $687 million on December 10, announced the size of the giant intervention on December 13. The intervention, which was previously said to be worth $2.5 billion by Bloomberg, was larger than expected.
Sold for $3.12 billion on December 13
The Central Bank of the Republic of Turkey stated that the amount of foreign currency sold in the direct intervention to the market on December 13, when the dollar hit 14.66. $3.12 billion declared that. With this statement, the amount of dollars that the Central Bank sold to the market in 17 days was updated as follows:
- December 1: 844 million dollars
- December 3: $504 million
- December 10: $687 million
- December 13: $3.12 billion
- December 17: $2 billion (estimated)
Total: Approximately $7.12 billion
The Central Bank will announce the size of the intervention on 17 December this week.