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FinMin Nebati Told Investors Lira Will Remain at Current Levels

TURKEY
  • Turkey will soon announce new steps to bring under-the-mattress gold to banking system, Treasury and Finance Minister Nureddin Nebati told a group of investors and analysts in London, according to people who participated in the meeting.
  • Nebati told investors that foreigners can’t understand the reason of high inflation due to cultural differences, the people said, speaking on condition of anonymity because the event was closed to the press
  • Nebati also said Credit Guarantee Fund loans to businesses may be increased if needed
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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