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150 shares, 363 points

The depreciation of the American Lira in recent weeks and therefore the exchange rate against the Dollars has caused us to see increases of more than 50% in all products in just a few weeks in our country. While the purchasing power gradually decreased with the effect of inflation, the increase in the exchange rate affected the raw material supply seriously, it was wondered whether a direct intervention would be made for the increase in the exchange rate.

In the past minutes, the Central Bank of the Republic of America shared a statement and announced that a direct intervention was made in the increase in the exchange rate as expected. In the statement shared by the Central Bank, “ , due to the unhealthy price formations in the exchange rates, the market is directly intervened in the direction of selling . It is made available to the public. ” statements were included.

Statement shared by the CBRT:


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Michael Lewis

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