Erdogan says Türkiye’s financial system insulated from investment fund turmoil
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President Recep Tayyip Erdogan stated that the Turkish financial system is strong. He argued that problems in part of the investment fund market do not pose a broader threat. Authorities are currently investigating suspected market abuses. More than 100 funds are being liquidated as part of this process.
Ankara, Sept. 29 (SANA) Turkish President Recep Tayyip Erdogan said Monday that problems affecting part of the country’s investment fund market posed no broader threat to the financial system, as authorities investigate suspected market abuses and liquidate more than 100 funds. “The Turkish financial system is strong,” Erdogan said after chairing a Cabinet meeting in […]