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“Where is the 128 billion dollars?” Response of the central bank governor to the question

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President of the Central Bank of the Republic of Turkey Şahap Kavcıoğlu, 128 billion dollars He responded to the allegations about the destination of the reserve of the amount.

Kavcıoğlu stated that they signed a protocol with the Undersecretariat of Finance in February 2017 so that currency transactions can be carried out in a coordinated manner.

Kavcıoğlu said: “The protocol contributed to the prevention of unhealthy price formation, the balancing of supply and demand in the currency markets and the establishment of liquidity.”

‘THE OPERATIONS WERE CARRIED OUT THAT DAY UNDER MARKET CONDITIONS’

Central Bank President Şahap Kavcıoğlu said: “The aforementioned currency transactions were carried out on trading platforms within the framework of the market conditions and prices on that day.”

Kavcıoğlu said: “It is not possible to transact privileged currency to any segment, bank or company” and said: “It is not possible to transact by selecting certain parties at non-market prices, regardless of market dynamics, on platforms mentioned before “.

‘IT IS NOT POSSIBLE TO TALK ABOUT ANY BEING LOST’

CBRT Chairman Kavcıoğlu said: “When we look at the balance sheet assets and liabilities, it is not possible to speak of a lost asset” and said: “The CBRT shares information and data in its fields of work and responsibility with the public in a very transparent way within international standards. “

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