Turkiye’s central bank reserves boosted by support from friendly countries: Erdogan ...Qatar

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Turkiye’s central bank reserves boosted by support from friendly countries: Erdogan
The Turkish central bank’s foreign currency reserves are getting stronger as friendly countries are providing support, President Recep Tayyip Erdogan said, broadcaster Haberturk reported on Friday. The central bank’s reserves have come under pressure from its forex market interventions to support the Turkish lira and to meet government institutions’ forex needs. “Our central bank reserves started to increase. This enables us to act comfortably in terms of foreign currency reserves. In this regard, many friendly countries are currently extending their necessary support,” Erdogan was quoted as saying. “Our borrowing from them makes our central bank stronger,” Erdogan also said, according to H

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