According to the information obtained by the AA correspondent from the BDDK, last week it banned three London-based foreign banks, which sold TL short and bought foreign currency even though they did not have TL in hand, and did not fulfill their TL obligations when the time came, for foreign exchange transactions with Turkish banks that had one leg in TL.
With today’s decision, the Banking Regulation and Supervision Board lifted the transaction ban on three foreign banks fulfilling their obligations. Investigations and investigations into whether the transactions to which these three banks are parties constitute exchange rate manipulation continue.
Source: https://www.aa.com.tr/tr/ekonomi/bddk-uc-yabanci-bankaya-islem-yasagini-kaldirdi/1836332
