The Central Bank (BDL) reserves in foreign currencies reached $38.8 billion at the end of the first half of 2015, up by around 15 percent from the same period last year, according to figures published by BDL. These reserves exceeded $39 billion in mid July.
"These high reserves are strengthening the balance sheet of the BDL in a way as to make it better able to intervene in the foreign exchange market and guarantee more stability of the lira and interest rates," said Muhammad Baasiri, th...
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