Investment Analysis
Turkey Mulls Tapping $135 Billion Gold Reserves for Lira Defense
Turkey’s central bank is preparing an expanded toolkit to defend the lira from Iran war-related volatility that includes potentially tapping its vast gold reserves, according to people familiar with the matter.
Turkey’s central bank is preparing an expanded toolkit to defend the lira from Iran war-related volatility that includes potentially tapping its vast gold reserves, according to people familiar with the matter.
Topics: Turkeygold reservesliracurrency defense