Erdogan says recent funds crisis poses no risk to Turkish financial system
24/09/2026 15:58
Erdogan says recent funds crisis poses no risk to Turkish financial system ANKARA, Sept 24 (Reuters) - Turkish President Tayyip Erdogan said a recent crisis involving investment funds posed no risk to the country's financial system or broader economy, adding that authorities would introduce measures to prevent a recurrence.
"We are talking about a problem that emerged in a limited area of the capital markets, in a certain number of funds. There is no risk to either our financial system or the Turkish economy," Erdogan told a group of Turkish journalists in New York, according to a text of his remarks shared by his office on Thursday.
(Reporting by Huseyin Hayatsever and Ece Toksabay; Editing by Kirsten Donovan)
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