The battle to defend the lira escalates as Turkey sells nearly $45 billion in foreign exchange after the election

```htmlGolden Ten Data March 27 - According to Reuters, Turkish bankers stated that the Central Bank of Turkey's approximately $8 billion foreign exchange sale before the public holiday will be reflected in the data released this week. Bankers said that the scale of foreign exchange sales on the Central Bank of Turkey's balance sheet this week is close to $20 billion. Since the outbreak of the Iran war, the Central Bank of Turkey's foreign exchange sales have reached about $45 billion. Previous data showed that the Central Bank of Turkey sold about 22 tons of gold last week, with gold reserves recording the largest single-week decline since August 2018.```