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In an interview with the Nikkei Asian Review on Friday, the Turkish Finance Minister Berat Albayrak made some comments on the exchange rate value.

Albayrak said: “Lira “looks competitive” at 5.7-5.9 against the US dollar.”

Further Comments:

Financial stability was a matter of “national security.”

“When we look at the developments in imports and exports as well as balancing in the current-account deficit, the foreign exchange rate looks competitive.”