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Erdogan says new mechanisms of tackling foreign attacks on economy developed

Mount Equity Group Tokyo, Japan > News > Markets > Erdogan says new mechanisms of tackling foreign attacks on economy developed

ANI |
Updated: Jan 01, 2022 06:12 IST

Ankara [Turkey], January 1 (ANI/Sputnik): Turkish President Recep Tayyip Erdogan said on Friday that the government has developed new mechanisms for tackling foreign attacks aimed at undermining Turkey’s economy as the national currency is in the throes of a meltdown.
“We have taken and are taking measures to prevent sudden, rapid and unwarranted fluctuations in exchange rates caused by the domestic demand. Mechanisms for tackling foreign attacks were developed. Of course, we are doing all this without deviating from free market economy principles, without undermining the strong ties of our country with the world economy,” Erdogan said in a televised appearance.

The president called on Turkish nationals to keep their savings in the national currency.
Over the past year, the Turkish…

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