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2026-09-24T17:11:20.000Z

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Egypt clarifies gasoline price hike

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6 Hrs2026-09-25T10:52:00.000Z
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US dollar nears third-week rise

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7 Hrs2026-09-25T10:01:00.000Z
US dollar nears third-week rise

IMF urges more focused loan reforms

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20 Hrs2026-09-24T20:32:00.000Z
IMF urges more focused loan reforms

India opens commodity derivatives to foreign investors

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22 Hrs2026-09-24T18:38:00.000Z
India opens commodity derivatives to foreign investors

Isabelle Schnabel to leave ECB for IMF

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23 Hrs2026-09-24T18:07:00.000Z
Isabelle Schnabel to leave ECB for IMF
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Erdogan: Investment Crisis Doesn't Endanger Turkey

Turkish President Recep Tayyip Erdoğan stated that the recent crisis involving several investment funds in Turkey does not threaten the financial system or the national economy. He emphasized that authorities will take the necessary measures to prevent its recurrence. He explained that the problem was limited to the capital market, particularly some funds, and portraying it as a widespread crisis harms the Turkish stock exchange. He pointed to ongoing investigations and arrests to hold responsible parties accountable, along with implementing legal and administrative measures to ensure the crisis is not repeated. In September, the Capital Markets Board of Turkey decided to liquidate 131 funds associated with seven companies, extending the liquidation period from three to six months, amid unusual trading activity observed in the stocks of some funds with low liquidity.

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