Measures taken by the government to shore up the lira will benefit each and every one of Turkiye’s 84 million people, President Erdogan says
Turkiye's President Erdogan stressed the new steps will protect lira investments and boost confidence in the currency.
“The winner here is not only those who have money in the bank or the exporter; this is for the entire country, each and every one of our 84 million citizens,” Erdogan said. “We want to ensure that the free market operates by its own rules by eliminating malicious speculators from our country.” According to the new economic model, Turkiye will compensate lira depositors for foreign currency fluctuations while encouraging citizens to move towards lira-based assets.
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