Turkish deputy PM Simsek speaking in Washington

These from a few minutes ago, I posted Jordan's comments as a priority: SNB's Jordan: CHF below 1.2 (against euro) a move in right direction


  • Monetary policy has been tightened recently
  • High inflation is a result of weak TRY
  • Bringing inflation to sing digits is a key government priority
  • Corporate sector has a sizable short FX position
  • Limits on FX borrowing should reduce volatility in lira

TRY not bothered: