Turkey: Doing everything to stabilize markets - Breaking The News

Turkey: Doing everything to stabilize markets

19 March

1 min read

EPA-EFE/NECATI SAVAS

Turkish Minister Of Treasury And Finance Mehmet Simsek said on Wednesday the government is "doing everything necessary for the healthy functioning of the markets" after the Istanbul stock exchange plummeted. The Turkish lira sank to its lowest-ever point against the euro and the dollar amid a political crisis after Istanbul Mayor Ekrem Imamoglu was arrested in a corruption investigation.

"The economic program we are implementing continues with determination," Simsek added.

lira

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