Central Bank Holds Auction To Buy U.S. Dollar

ANKARA - The Central Bank conducted an auction on Tuesday to buy foreign exchange.
The average bidding currency for 1 U.S. dollar became 1 million 402 thousand 724 Turkish liras (TL).
The total bid had been for 150 million U.S. dollars while maximum currency was 1 million 403 thousand TL, and minimum currency was 1 million 402 thousand 447 TL.
The bank earlier announced that it would hold forex buying auctions on each working-day, and the maximum amount at each auction would be limited to 50 trillion TL.
(MS-AÖ) 12.08.2003