Ali Babacan Quotes

When Turkey buys Iranian oil, we pay for it in Turkish lira... However, it is not possible for Iran to take that money as dollars into its own country due to international restrictions, the U.S.A.'s sanctions. Therefore, when Iran cannot take this money back as currency, they withdraw Turkish lira and buy gold from our market.
Ali Babacan
Ali Babacan

Quotes to Explore

This site uses cookies. By continuing to use this website, you agree to our policies regarding the use of cookies.