ISTANBUL | Turkey’s finance chief: Action plan ready to ease markets

12Aug - by Editor - 0 - In STL.News



ISTANBUL | Turkey’s finance chief: Action plan ready to ease markets

ISTANBUL — Turkey’s finance minister said Sunday that the government has prepared “an action plan” aimed at easing market concerns that have led to a slump in the value of the nation’s currency.

In an interview with the newspaper Hurriyet, Treasury and Finance Minister Berat Albayrak also said the government had no plans to seize foreign currency deposits or convert deposits to the Turkish lira.

“As of Monday morning, our institutions will take the necessary actions and will share the necessary announcements with markets,” Albayrak was quoted as saying.

Continue reading ISTANBUL | Turkey’s finance chief: Action plan ready to ease markets at STL.News.



Source link