| Comment on
2001-02 |
On 22 February 2001, the exchange rate arrangements for the Turkish lira were changed; since this date, Turkey has used an independent floating exchange rate system. This measure led to sharp exchange rate fluctuations. The following exchange rates (buying/selling rate) were reported to us by the Turkish central bank at the start of trading: 22 February 2001: EUR 1 = TRL 626,858 / 629,881 23 February 2001: EUR 1 = TRL 867,168 / 871,350 26 February 2001: EUR 1 = TRL 972,449 / 977,139 27 February 2001: EUR 1 = TRL 860,192 / 864,341 |
