Treasury and Finance Minister Mehmet Simsek and Central Bank (CBRT) President Fatih Karahan met with global investors with teleconference.
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CNN Türk Editor Gülşen Coşkun, who made statements on the subject, said: “Minister Şimşek said that the priorities were macrophinannous stability in the meeting. He said that the volatility in the markets is alleviated every day.
“The Central Bank has a lot of vehicle sets in her hands”
Central Bank President Karahan was also in the meeting. He pointed out that the Central Bank continued to decide on a meeting basis. In recent weeks, after the fluctuation in the markets, a meeting was held and decisions were taken. The President of the Central Bank stressed that the meeting was a necessity. He underlined that the Central Bank had a lot of vehicle sets. He underlined that new actions could be taken if necessary.
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“Demand for dollars decreased”
Minister Simsek underlined that the dollar demand is alleviated. He underlined that every horizontal movement of the exchange should not be considered as intervention. He said that the demand for dollar in the domestic residents was less due to foreign investors and funds in the wavy period.
In addition, additional measures, as well as the flexibility to support markets, he added. What will they be? We will see in the coming days.
‘We will take the fruit of actions gradually’
According to our information, the Central Bank President Karahan stressed that they took action without delay in the face of developments. ‘We will gradually take the fruit of actions’ emphasized. Similar explanations were made at previous meetings. We see that the Central Bank has a lot of vehicle sets in hand. “
