Turkey's Erdoğan urges people to convert foreign currencies into liras
"If you have dollars, euros, gold under your pillow you should go to your bank and change them. This is a national fight for us ... If not today, then when?" Turkish President Recep Tayyip Erdoğan told a rally in the Turkey's province of Bayburt province on Friday.
- Economy
- Anadolu Agency
- Published Date: 12:00 | 10 August 2018
- Modified Date: 03:45 | 10 August 2018
President Recep Tayyip Erdoğan on Friday called on Turkish citizens to convert their foreign exchange savings into liras.
"Anyone who has dollars, euros, or gold underneath their mattresses should go to the bank and convert them into Turkish liras," Erdoğan told a rally in the northeastern Bayburt province.
Erdoğan called such moves part of a "national struggle."
"This will be my people's answer to those who declare economic war against us," he added.
Erdoğan also said Turkish people should not worry, saying: "We also have measures to guard against all negative possibilities."
Criticizing what he called the "interest lobbies," he added that they cannot "overthrow" Turkey.
Erdoğan said the "waves of artificial financial instability" Turkey is being subjected to ignore its economic strength, as it faces "not a single problem" in macroeconomic data, producing power, or its banking system.