Goldman Sachs: Turkey spent 101 bn USD to intervene in its currency markets so far this year
It derived the number from calculating the difference between the actual & expected changes in net foreign assets of the central bank
Turkish lira sinks to record low after central bank holds fire
Currency nears key level of 8 to the dollar after policymakers return to "stealth tightening"
Fresh lira slide rekindles crisis fears for Turkey
It takes firepower to support a currency, just how much of that the central bank has left has come into focus
