Friday, January 7, 2022

Turkish central bank sold $2.12 bln in Dec. 17 market intervention

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Turkish central bank sold $2.12 bln in Dec. 17 market intervention
Turkey's central bank said on Friday it sold $2.12 billion during its direct market intervention on Dec. 17 to support the lira, bringing to $7.278 billion the total value of its efforts last month.

In total the central bank announced direct intervention on five occasions in December.

The central bank also sold a total of $3.36 billion to state institutions including Turkey's natural gas distributor BOTAS in December last year.



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