Türkiye’s central bank has stepped up intervention in FX markets by deploying gold reserves, with data indicating a total of 56 tons used in March through swaps and outright sales. The move highlights mounting pressure on the Turkish lira amid rising energy costs, foreign outflows, and renewed inflation risks linked to the Iran conflict. 56 … Continue reading CBRT Deploys Gold Reserves to Defend Lira as Energy Shock Intensifies