🇹🇷 Since the beginning of the conflict in the Middle East, Turkey has been rapidly selling off its gold reserves to support the lira against the US dollar. https://t.co/PGm2dRe52k ...

🇹🇷 JUST IN: Turkey has liquidated 120 tons of gold worth nearly $20 billion in just 3 weeks to defend the lira, with Erdogan offloading 70 tons last week alone, burning through 6 years of accumulated reserves. https://t.co/2mbSvqLKec ...

Turkish state lenders sold an estimated $5 billion to support the lira in an effort to stem a selloff sparked by a court ruling targeting senior opposition figures https://t.co/dWYUL1IVQU ...