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  • 10-02-21

    Turkish Central Bank to improve its reserves via auctions

    (MENAFN)The governor further stated that by the stabilization of capital inflows and turnaround of dollarization trend in deposit/participation funds, the Turkish Central Bank is going to improve its reserves through auctions.

    Naci Agbal stated during an assembly, "When the conditions are mature enough, we will share our plan for this with the public in an open and transparent manner."

    The bank's important and essential task defined as ensuring permanent price stability, Agbal declared, and further said that it will take all decisions by making priority of price stability.

    The governor added that "Price stability is the basis of financial and macroeconomic stability."

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