The Central Bank of the Republic of Turkey announced the balance sheet of the third of the five interventions in the market. According to the statement, 687 million dollars were sold in the intervention on 10 December.
At the beginning of December, the Central Bank of the Republic of Turkey intervened so that the dollar would not exceed the 14 TL threshold. After the first direct intervention since 2014, the Central Bank 5 times in total in 17 days He aimed to prevent the rise of the dollar by selling various amounts of dollars to the market.
The dimensions of these interventions began to be explained after about 2 weeks after the first intervention. It was announced that the size of the intervention on 1 December was 844 million dollars, and that on 3 December it was 504 million dollars. Central Bank today intervention on 10 December. also explained its size.
Sold to the market for $687 million on December 10:
In the direct intervention of the Central Bank of the Republic of Turkey to the market on 10 December, the amount of foreign currency sold $687 million declared that. The number previously announced by Bloomberg for the intervention on December 10 was $500 million. With this statement, the total estimated amount of the Central Bank has been updated as follows:
- 1st of December: 844 million dollars
- December 3: 504 million dollars
- December 10: $687 million
- December 13: 2.5 billion dollars
- December 17: 2 billion dollars
Total: Approximately $6.5 billion
The Central Bank’s statement regarding the last two interventions is awaited with interest.