Treasury minister says Turkish lira will find its true balance
Turkey's economy has the ability to rapidly recover from shocks and proved that many times, according to Nureddin Nebati.
Turkey's economy has the ability to rapidly recover from shocks and proved that many times, according to Nureddin Nebati.
The Turkish president said that a new financial alternative for citizens' savings would soothe worries over exchange rates.
Intervention comes as lira nears record low of 17 to the US dollar.
The currency hits record low amid interest rate cut expectations.
Bank, technology stakeholders establish Digital Turkish Lira Collaboration Platform.