Bloomberg News

Turkey Dollar Sales May Be $300-$400 Mln, Garanti’s Comert Says

January 02, 2012

Jan. 2 (Bloomberg) -- The Turkish central bank is estimated to have sold between $300 and $400 million, Tufan Comert, strategist at Garanti Securities, said by telephone.

The bank sold dollars for liras in the Istanbul market today for a second day, two traders with knowledge of the sales said on condition of anonymity.

--Editor: Steve Bryant

To contact the reporter on this story: Selcuk Gokoluk in Istanbul at sgokoluk@bloomberg.net

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net


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