January 12, 2017 / 11:43 AM / 7 months ago

Turkey's Erdogan says central bank, other banks must thwart games on lira

ANKARA, Jan 12 (Reuters) - President Tayyip Erdogan said on Thursday the Turkish central bank and other banks must thwart games played with the foreign exchange rate, which is being used against the country like a weapon.

"It's clear that the speculation on the forex rate has no depth.... Our central bank and other banks must thwart these games," Erdogan said in a speech after the lira hit record lows against the dollar this week.

"The central bank has the necessary tools and ability to take measures on this. I am also calling on the business world, it is time to invest and create jobs," he said. (Reporting by Ercan Gurses; Writing by Ece Toksabay; Editing by Daren Butler)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below