Ibrahim Kalin, a spokesman to the Turkish President Erdogan, is on the wires now, via Reuters, speaking on the Lira’s price-action in Ankara.
Key Headlines:
Expects lira recovery to continue.
Lira fluctuations are part of “perception operation”.
Turkey ranks among the top in terms of banking system strength.
Turkey doesn’t want an economic warfare with anyone.
Foresees normalization in the Turkish economy.
Lira developments show that Turkish measures are working.