New Intervention from the Central Bank to the Increase in the Exchange Rate

The Central Bank of the Republic of Turkey announced that it intervened directly in the market again after the dollar, which exceeded the 14 level and rose to 14.59 this morning. This intervention was the 4th intervention in the last 2 weeks.

The depreciation of the Turkish Lira, which has been going on for weeks, has finally reached the level of 1 dollar today. Seeing 14.59 TL It set a new record. While the dollar, which started this week with a sudden rise, scared all citizens, a new intervention statement came from the Central Bank of the Republic of Turkey.

The Central Bank of the Republic of Turkey, in its official statement, announced that it intervened directly in the market in the direction of selling due to the increase in exchange rates. The dollar, which saw 14.59 TL before the Central Bank’s statement, fell to 14.20 after the announcement. This intervention is the CBRT’s It was his fourth intervention in the last 2 weeks..

Central Bank’s statement:

Effect of disclosure:

dollar


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