Lira is secured by Central Bank capabilities. Riad Salameh: “There is no need to panic”

The governor of the Central Bank Riad Salameh affirmed the stability of the lira. He cited financial operations carried out by the Central Bank and the cooperation with the banking sector in his assessment.

"The lira will remain stable and it is based on the existing capabilities of the Central Bank," he said. "The Central Bank has built a monetary model that takes into account the financial and economic data of the country has contingency plans to deal with negative surprises," he said....

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