| Why are Turkey's policymakers suddenly so interested in gold bullion? Turkey's central bank last month raised the proportion of domestic currency reserves banks can hold as gold bullion – while simultaneously cutting the proportion for foreign exchange reserves to zero.
The move came only months after Turkey's banks initially received approval to hold some of their reserves as gold – and less than a week after reports that the Turkish government is hoping to encourage people to deposit more gold with the country's banking system...............................................Full Article: Source
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