Turkish President Recep Tayyip Erdogan ever met with the head of the Central Bank of the country Shahap Kavgioglu, Minister of Treasury and Finance, Nurettin Nebatin and the heads of state banks of Istanbul, report Turkish media.
According to the information, the meeting was held in the residence of the President located in the Istanbul district of Ostochydar, and lasted about five hours.
It is noted that the meeting passed behind closed doors.
On December 13, the Turkish Central Bank carried out a currency intervention after the Turkish Lira decreased to a record minimum – 15 per US dollar. According to the calculations of bankers analyzing the official data referenced by Reuters, CBT sold 1.5-2 billion dollars only a few hours after the release of $ 2.5 billion on the market as part of the first three currency interventory, starting from December 1. The impressive thrust currency emissions on the market helped the Lira to recover to the level of 13.8 by the end of the trading session on December 13.