Former economy czar and DEVA Party leader Ali Babacan has sharply criticised Türkiye’s economic management, alleging that the central bank sold at least $49bn in foreign exchange reserves over the past 40 days without transparency. Babacan claims the operations resemble past “backdoor interventions” and argues that investors who accessed cheap foreign currency profited heavily through … Continue reading Ali Babacan Questions 49bn Dollar Reserve Loss: “Who Profited from Cheap FX?”