The banking supervisory committee in Turkey ended a ban on the exchange of the lira on BNP Paribas, Citibank and UBS, according to a letter sent by the authority to the three banks on Monday, after fulfilling its foreign exchange obligations.
According to the letter, seen by Reuters and a spokesman for the authority, its content confirmed that the banks targeted by the ban last Thursday after the lira recorded a new record low level against the dollar "fulfilled their obligations within a reasonable time frame."
The letter said that the commission's investigation into the three banks is continuing. He did not give details.
The ban was among a number of measures the government adopted Thursday to protect the currency after it tumbled to 7,259 pounds to the dollar, the weakest level ever.
The state-owned Anatolia News Agency said that the authority had initiated measures against London-based institutions and that it had acquired greater powers to pursue market fraud.
At that time, the authority said that the three banks were unable to perform liabilities in lira on time and that the ban included their units in other countries.