Turkey's Erdoğan vows there will no longer be volatility in financial markets
"The froth will soon be removed from inflation. There will no longer be volatility in financial markets caused by unbalanced demand for foreign currency," Turkey's President Recep Tayyip Erdoğan stressed in his address to neighborhood administrators in Ankara on Wednesday.
- Economy
- Reuters
- Published Date: 03:46 | 19 January 2022
- Modified Date: 05:28 | 19 January 2022
Speaking during an event on Wednesday, Turkish President Recep Tayyip Erdoğan said there will no longer be volatility in financial markets caused by unbalanced demand for foreign currency.
In a speech to neighborhood administrators in Ankara, Erdoğan said the froth would soon be removed from inflation - which surged to an annual 36.1% in December.
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