Markets

Turkish central bank sells $150mn in forex auction

Published July 1, 2013 Updated July 1, 2013 01:31pm

1 min

By Muhammad Iqbal

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ISTANBUL: The Turkish central bank sold $150 million in a forex-selling auction on Monday and received bids of $374 million, bank data showed.

The average price was 1.9229, and the lowest price was 1.9226. The bank said a week ago it would hold one-off forex auctions of at least $150 million on days when it provides lira funding at its policy rate.

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