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The intervention of the Central Bank has not worked the dollar is pushing the 14 limit

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CENTRAL BANK OF TURKEY

The dollar, which has been hovering near its historical peak since the beginning of the week, started the day at 13.79 pounds. But before noon, he set a new record and renewed his peak with 13.9548. This is the third time the center has intervened in the markets over these figures. But after a small drop in the dollar, it returned to the levels of 13.90.

The dollar, which set a record high with the depreciation of the Turkish lira (TL) on Friday 10 December 2021, started at 13.89, and the euro at 15.6982 pounds. The dollar continued its rise during the day, holding on to the 13.95 limit. At 13:48, the Central Bank announced that it was intervening in the markets in the face of the rise in the dollar. After the intervention of the center, the dollar fell to the level of 13.67, but soon returned to the levels of 13.90. Economist Oguz Demir stated that the US inflation figures will be announced in a social media post and stated that the intervention will be futile.

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