
Turkey burns $8bn of reserves on Trump tumult Monday to keep lira at 38.00 against US dollar
Turkey’s central bank has burnt $7.6bn worth of FX reserves on April 7 and another $3.1bn on April 8, according to calculations by @e507. April 7 was marked as the day of the Trump tumult in global markets. $43bn burnt As a result, the total sum that has …