currency intervention Archives - P.A. Turkey

Finance HIGHLIGHTS Markets

Reuters: Central Bank sold $600 mn to $1 bn last week to defend Turkish Lira

Atilla Yeşilada1 February, 2022

Turkish authorities either deny intervening in the currency market, or answer questions about the subject. … Continue ReadingReuters: Central Bank sold $600 mn to $1 bn last week to defend Turkish Lira

Mustafa Sonmez/al Monitor: Turkey’s central bank continues window dressing with currency swaps

Atilla Yeşilada27 January, 2022

This is only an excerpt, read the full article: https://www.al-monitor.com/originals/2022/01/turkeys-central-bank-continues-window-dressing-currency-swaps#ixzz7JBSdyM8t Creating and managing … Continue ReadingMustafa Sonmez/al Monitor: Turkey’s central bank continues window dressing with currency swaps

General HIGHLIGHTS

Reuters: Turkey’s new finance minister in the eye of a storm

Atilla Yeşilada18 January, 2022

When Turkey’s new Finance Minister Nureddin Nebati was asked last month to give details of … Continue ReadingReuters: Turkey’s new finance minister in the eye of a storm

Finance HYPED Markets

Central Bank intervenes 2nd time in currency market, market says “Not enough”

Atilla Yeşilada3 December, 2021

Turkey’s lira edged near to its record low on Friday, triggering direct central bank intervention … Continue ReadingCentral Bank intervenes 2nd time in currency market, market says “Not enough”