ISTANBUL (Reuters) – President Tayyip Erdogan said on Wednesday Turks should act with reason and avoid panic after the lira slumped to record lows, adding that Turkey’s current 20% annual inflation could be solved rapidly.
In a speech to lawmakers from his ruling AK Party in parliament, Erdogan said it was unfair to judge the Turkish economy based solely on the inflation rate.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
by : Reuters
Source link