Turkey has seen $1.35 bln exit stock market since late May -minister
Turkey has seen $1.35 billion of capital outflows from its equity markets since May 26 due partly to global market conditions and two weeks of domestic political unrest, Deputy Prime Minister Ali Babacan said on Tuesday.
Central Bank Governor Erdem Basci said on June 12 that outflows from Turkish markets since the beginning of May had amounted to $7.9-8.0 billion, mainly due to global factors.
- The new recession? European stocks suffer biggest one-day slide since 2011
- Lebanon’s Central Bank Governor denies capital outflow
- G20 Pledges to Coordinate Stimulus Exit Plans to Limit Market Volatility (Euro Open)
- Turkey's central bank approach: keep calm and defy Erdogan
- The limitations of friendship: China to lose out from easing Iranian sanctions