Turkish central bank bought $2-3 bln in forex after selling $23 bln amid Iran war, traders say

ANKARA, March 10 (Reuters) - The Turkish central bank returned to buying foreign currency on Tuesday, purchasing some $2–3 billion after global selling pressure eased amid tensions linked to the Iran war, three traders said.

It had sold around $23 billion in foreign exchange since the start of the conflict to cushion the domestic market from regional turmoil.

The Turkish central bank declined to comment.

Bankers calculate that the central bank's total reserves likely fell by $12.5 billion to $197.5 billion last week, reflecting the impact of foreign-exchange sales during the conflict.