Turkey shut down channels of currency speculation

Turkish has totally eliminated all ‘environment that led to speculation on Turkish lira said presidential aide. 

Turkey totally eliminated the environment that led to speculation on Turkish lira, Turkish presidential spokesman Ibrahim Kalin said Thursday.

Channels of currency speculation and perception operations on Turkish lira have been shut down, Kalin said after a Cabinet meeting at the presidential complex in capital Ankara.

Kalin said Turkey sees “speedy recovery process” in economy after measures taken over the last two days.

Turkey does not favor tension with anyone and it does not pursue an economic war with anyone, he added.

The spokesman added Ankara will diversify “alternatives” and “options” in trade, energy and investment.

SOURCEAnadolu Agency