The amount of dollar sales declined throughout the week with no such transactions observed on Thursday, they said. As a result, the lira has stayed calm at a time when most other emerging-market currencies tumbled. ‘Small exit door’The Turkish central bank’s net foreign-currency reserves, excluding swaps lines it has with lenders, stood at US$78.4 billion last Friday. The central bank declined to comment on foreign-exchange policy. “The central bank has large enough reserves to continue” for now, but the stance would become “less sustainable” if the shocks continue, they added.

Source: The Edge Markets March 06, 2026 08:14 UTC