Informant: Turkey Mulls Deploying $135 Billion Gold Reserve to Defend Lira
BlockBeats News, March 24th, According to market sources, the Central Bank of Turkey has discussed the matter of conducting "gold-for-forex" forward transactions through the London market. Insiders revealed that Turkey is considering using its $135 billion worth of gold reserves to support the struggling lira. (FX678)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Cardano roadmap consists of five phases, Plomin hard fork completes the final governance phase
BUZZ-Newsmax shares rise due to unexpected third-quarter profitability
NZD/USD Price Forecast: Bears gain momentum to test 19-month lows at 0.5527
Crypto prices
More
