The Central Bank of Turkey said that from March 19 to April 3, the country’s foreign exchange reserves amounted to 33.5 billion dollars, which was more than doubled.
According to the Chairman of the Central Bank, as part of a three -day intervention, which followed after the arrest of the mayor of Istanbul, $ 25 billion was sold to stabilize the Turkish lira.
The mayor of Istanbul Ekrem Imamoglu, the main political opponent of President Recep Tayyip Erdogan, was detained on March 19. In addition to the Imamoglu, the prosecutor’s office issued an arrest warrant for another 100 people, including businessmen and journalists. After that, the Turkish authorities for four days is prohibited from conducting any demonstrations. On March 22, the supporters of Imamoglu came to the protest demonstrations, hundreds of participants in the action were detained. Since then, protests in large cities of the country have not stopped.