Turkey’s state-owned banks sell US$ 2 billion in 2 days to defend lira

Central Bank announces end-year US dollar and inflation forecast for 2019

After resting at around 6.85 level for a long period of time Dollar / TL has recorded sharp movements for the last 2 days. Based on information provided by sources close to the matter, Bloomberg has quoted state-owned banks selling about $ 2 billion to curb the rate. The dollar / TL rate had seen levels of 6.98 yesterday and today after anchoring More...

by BTT | Published 2 months ago
By admin On Tuesday, July 26th, 2011


The easiest way to get money in Turkey would be using your home bank ATM/cash card or a credit card in a Turkish ATM/bancomat/cash machine. If you want to exchange cash, there are many places that will do it More...