Turkish finance chief Şimşek denies Central Bank intervention in exchange rate
Treasury and Finance Minister Mehmet Şimşek has refuted claims that the Central Bank intervened in the exchange rate through the sale of reserves based on level targets.
- Economy
- Agencies and A News
- Published Date: 06:42 | 31 August 2023
- Modified Date: 06:42 | 31 August 2023
Finance Minister Mehmet Şimşek has clarified that the claim about the Central Bank's intervention in the exchange rate by selling reserves based on a level target is not accurate.
In a statement on social media, Şimşek emphasized that they are dedicated to enhancing and making the capital markets and Turkish lira instruments more appealing.
He also shared the message that all challenges will eventually be overcome with time.
In a statement on social media, Şimşek emphasized that they are dedicated to enhancing and making the capital markets and Turkish lira instruments more appealing.
He also shared the message that all challenges will eventually be overcome with time.
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