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>50% of US Senate Urges Biden to Tackle Erdogan Issue

TURKEY

LOCAL NEWS

  • Over half of the US senate urges Biden for increased pressure on Erdogan over human rights violations in a signed letter issued yesterday.
    • Letter was led by Senator Ron Wyden & Mark Rubio - highlighting that Erdogan's foreign policy had become more belligerent and combative.*
  • CBRT to start boosting reserves via auctions "when conditions are mature enough" following a statement by Gov Agabal.
  • Noted a relative stabilisation of capital inflows, and reversal of dollarisation in deposit/participation funds
  • Unemployment data printed 12.9% vs 12.7% prior
  • Erdogan to speak at 0900GMT, Vice President Oktay to visit Northern Cyprus today
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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