March 22, 2019 / 5:27 PM / a month ago

Turkish central bank official: bank sold FX to energy importers, paid foreign debt

ANKARA, March 22 (Reuters) - A recent fall in the Turkish central bank’s foreign currency reserves stemmed from sales of forex to energy-importing firms and a foreign debt payment, worth $5.3 billion in total, a central bank official told Reuters on Friday.

The official said the fall in reserves was not extraordinary and that the bank maintained a policy of accumulating reserves. (Reporting by Nevzat Devranoglu Writing by Ece Toksabay Editing by Catherine Evans)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below