The Central Bank of the Republic of Turkey, in the statement it shared, announced that it directly intervened in the rise in the foreign exchange market in the direction of selling it again.
The abnormal increase in the foreign currency for weeks finally came to the point where the dollar reached the 14 barrier. The Central Bank of the Republic of Turkey intervened directly in the foreign currency, which was exacerbated by the interest rate cut decisions of the Central Bank of the Republic of Turkey. The direct official intervention of the Central Bank, since 2014 It was the first intervention.
The Central Bank of the Republic of Turkey announced that it intervened in the exchange rates again with the statement it shared in the past minutes. The Central Bank, in its statement, said:Due to unhealthy price formations in exchange rates direct intervention in the market in the direction of selling. It is made available to the public.” he stated.