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Exporters to Discuss 25% Currency Conversion Rules With CBRT, Trade Ministry

TURKEY

LOCAL NEWS

  • Exporters to meet CBRT chief Kavcioglu today at an online forum and Turkish Trade Minister Mus in his office tomorrow to discuss new rules regarding conversion of 25% of foreign currency into liras.
    • Exporters have shown a great deal of concern about the policy and are seeking clarity in these meetings
  • Metropoll survey shows Ankara Mayor Yavas (CHP) is the most likeable politician, followed by Istanbul Mayor Imamoglu (CHP) and Aksener (IYI) – with Erdogan trailing in fourth place. Erdogan trailing in fourth place.
    • Erdogan holds a 37.9% likeability rating vs 60.4% for Yavas, 50.7% for Imamoglu & 38.5% for Aksener. Experts say it is almost impossible for Erdogan to regain his previous levels of popularity from here
  • Erdogan Aide Kalin says Ankara is working on a “new mechanism” in establishing a common and positive agenda with the US. Notes there is a serious problem in the US’ perception of Turkey and that new strategies need to overlap for these steps to work.
    • Kalin says Turkey will accelerate normalisation with regional and international partners in 2022
  • Turkish prosecutors have submitted requests to lift immunities of 28 opposition lawmakers: 25 from the HDP & 1 from the CHP, TIP & DPB as the crackdown on the HDP continues over alleged PKK links.
    • Requests will be examined before being voted on by the general assembly
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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