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Turkey liquidates nearly all US Treasuries to defend lira amid Iran war fallout
Turkey's central bank sold $14 billion in US Treasuries in March, slashing holdings 89% from $15.7B to $1.8B, to defend the lira amid the Iran war crisis.
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zerohedge.com
Turkey Sold Nearly All Its US Treasuries
Turkey liquidated nearly all of its holdings of United States Treasuries in March as Ankara moved aggressively to defend the lira
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Turkey Liquidated Almost All Of Its US Treasuries In March To Defend Crashing Lira
The amount of Treasuries held by Turkey crashed to just $1.8 billion by the end of March, down from $16 billion the previous month.
